One of the risks of a calendar spread is that the intrinsic values may be different
Indicate whether the statement is true or false
F
Business
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Archie bets his friend Jerry $100 that the Packers will win the next Super Bowl. This is an:
a. unconscionable contract and therefore illegal. b. illegal wagering agreement. c. agreement to obstruct justice and therefore illegal. d. illegal restraint of trade.
Business
Some constitutional protections apply to business entities.
Answer the following statement true (T) or false (F)
Business
Bank managers look on reserve requirements as a
A) tax on deposits. B) subsidy on deposits. C) subsidy on loans. D) tax on loans.
Business
Once May Lou starts receiving her $1,200 monthly annuity payments she will pay income tax as if the annuity were
A) tax-deferred. B) tax-sheltered. C) tax-exempt. D) tax-free income. E) normal income.
Business