To qualify as an innocent landowner under SARA, a person must have, at the time of acquiring the property, asked about the previous ownership and uses of the property
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following statements about outlet centers is true?
A. Outlet centers are in remote locations, located some distance from department and specialty stores. B. Outlet centers have the no-frills look of warehouse stores. C. Outlet centers are not found outside of the United States. D. Outlet centers sell only irregulars and overruns. E. It is predicted that the number of outlet centers in the U.S. will double over the next decade.
When attempting to identify the economic characteristics of the industry in which a particular firm participates an analyst might ask which of the following questions?
a. Does technological change play an important role in the firm maintaining a competitive advantage? b. Has the firm diversified across several geographic markets? c. Has the firm recognized revenues at the proper time? d. Has the firm structured transactions to make it look more profitable than economic conditions suggest?
Explain these commonly used shipping terms: F.O.B., F.A.S., C.I.F., and C.&F.
What will be an ideal response?
You have a choice between investing in a corporate bond or a municipal bond. The corporate bond has an
annual yield of 10 percent, while the municipal bond has an annual yield of 7 percent. At what tax rate would you be indifferent between buying the corporate bond or the municipal bond?