Suppose you borrowed $15,000 at a rate of 8.5% and must repay it in 5 equal installments at the end of each of the next 5 years. How much would you still owe at the end of the first year, after you have made the first payment?
a. $10,155.68
b. $10,690.19
c. $11,252.83
d. $11,845.09
e. $12,468.51
e
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The TRIPs agreement requires signatory countries to protect against acquisition, disclosure, or use of trade secrets "in a manner contrary to honest commercial practices."
TRUE Indicate whether the statement is true or false
In the book’s discussion of leadership, power is described as ______.
A. a relational concern for both leaders and followers B. use of force over others to manipulate them C. letting any follower do whatever he or she wants D. forcing people to engage in extreme behaviors
The ________ states that the intent to contract is judged by the reasonable person standard and not by the subjective intent of the parties
A) Restatement of the Law of Contracts B) Restatement (Second) of Contracts C) objective theory of contracts D) common law of contracts
Enterprise resource planning (ERP):
A) seldom requires software upgrade or enhancement. B) does not integrate well with functional areas other than operations. C) is inexpensive to implement. D) automates and integrates the majority of business processes. E) all of the above