When the term of a note is specified in days, time is computed using the exact number of days from the date of the note to the date of its maturity
a. True
b. False
Indicate whether the statement is true or false
True
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If Alvin invests $5,500 today in a savings account, the money will grow to $8,500 at the end of Year 4. Assuming that the interest is paid once per year, the effective annual rate of the investment is _____.?
A. 10.82%? B. ?11.50% C. ?12.20% D. ?12.85% E. ?13.57%
The output control in which profit responsibility is shared with product and geographic units is characteristic of a(n) ________.
A. transnational network structure B. matrix structure C. international division structure D. global area division structure
In order to be considered sexual harassment, the questionable behavior must be directed at a co-worker of the opposite gender
Indicate whether the statement is true or false
An unconditional written promise made by one person to another, signed by the maker, that promises to pay on demand a specific sum of money to the bearer is a: A) nonnegotiable draft
B) bill of exchange. C) promissory note. D) certificate of deposit.