Explaining bad events in a positive way tends to be a self-confidence booster
Indicate whether the statement is true or false.
Answer: TRUE
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Different cultures have different ways of expressing thanks
Indicate whether the statement is true or false.
Retained Earnings measures the cumulative excess of _____ for the life of a firm
a. dividends over net income b. net income over dividends c. assets over liabilities d. liabilities over shareholders' equity e. shareholders' equity over liabilities
Which of the following statements is true?
A. Bonds always increase return on equity. B. Interest on bonds is tax deductible. C. Dividends to stockholders are tax deductible. D. Interest on bonds is not tax deductible. E. Bonds do not have to be repaid.
The requirement that each party to a contract must intentionally exchange something of value as an inducement to the other party to make a return exchange is known as:
a. mutual assent. b. quasi contract. c. promissory estoppel. d. consideration.