On August 14, Main Street Bank lent $200,000 to City Cafe on a 75 day, 6% note. What is the maturity date of the note?
A) Oct. 27
B) Oct. 28
C) Oct. 29
D) Oct. 30
B .There are 17 days in August (31 — 14 ); 30 days in September; and 28 days in October (17 + 30 + 28 = 75 days).
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Indicate whether the statement is true or false
RingTone Corporation is a public company whose securities are traded among investors. Under the Securities Act of 1933, a security is
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Rush's Pasta &Pizza employs Sigfried as a delivery driver. Rush's guarantees that an order will be delivered within thirty minutes or there is no charge, and insists that its drivers meet the limit. One night, while making a de¬livery, Sigfried is
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