Long-term debt obligations of major corporations (with maturities beyond five years) are known as _______________________.

Fill in the blank(s) with the appropriate word(s).


corporate bonds

Business

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The qui tam provision of the False Claims Act specifically empowers ______.

a. federal prosecutors taking legal action b. citizen whistleblowers taking legal action c. the federal government branch that pays a contractor d. ombudspersons or ECOs within the federal government

Business

Haddie's Hats is a regular corporation. The business must file an income tax return each year to report its taxable income or loss and pay any related taxes.

Answer the following statement true (T) or false (F)

Business

The difference between bailment and sale is that in bailment:

A) There is always a change in ownership. B) There is sometimes a change in ownership. C) There is always a change in possession. D) There is sometimes a change in possession. E) Both A and C

Business

In the case of scrivener's errors, a court will usually

a. reform the contract if it is clear that the mistake is not what the parties intended. b. instruct the parties to rewrite the contract without the errors. c. enforce the contract as written. d. throw out the contract completely.

Business