Answer the following statement(s) true (T) or false (F)
Benefit corporations are one of the oldest forms of incorporation, having been adopted in all 50 states.
ANSWER: False
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It is easiest for marketers to create an emotional connection between a consumer and a(n) ________ product
A) approach B) augmented C) core D) avoidance E) utilitarian
Millie, a tenant, wrongfully abandons her apartment after six months, even though there are six months left on her lease. If there is no survival clause in the lease, would the landlord be able to hold Millie liable for rent?
a. Yes, but he must leave the apartment vacant. b. Yes, after he gives notice to Millie. c. Yes, after he relets the apartment. d. No, the obligation to pay ended when Millie abandoned the apartment.
Ringtones Inc. wishes to issue new bonds but is uncertain how the market would set the yield to maturity. The bonds would be 20-year, 7% annual coupon bonds with a $1,000 par value
The firm has determined that these bonds would sell for $1,050 each. What is the yield to maturity for these bonds? A) 7.00% B) 6.55% C) 7.35% D) 6.54%
The term "named insured" includes spouses and children (if any are living at home) in the homeowners (HO) insurance policy
Indicate whether the statement is true or false