If the bondholder has the right to exchange a bond for shares of common stock, the bond is called a convertible bond

Indicate whether the statement is true or false


True

Business

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A return of goods from a customer to a retailer is called:

a. sales allowance. b. sales discount. c. sales return. d. credit memo.

Business

Nuncupative wills are legally binding oral wills that are made on a testator's deathbed in the absence of witnesses

Indicate whether the statement is true or false

Business

In location decisions, intangible costs are easier to measure than tangible costs

Indicate whether the statement is true or false

Business

A depository institution that is owned by its depositors, who are often members of a common organization or association, such as an occupation, a religious group, or a community is called a(an) _____.?

A. ?underwriting syndicate B. ?mutual fund C. ?investment bank D. ?credit union E. ?commercial bank

Business