Share repurchases are not part of the stock valuation process because by definition the cash flow

from a share repurchase ends the investment as the stock is no longer owned by the shareholder.

Indicate whether the statement is true or false


FALSE

Business

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For your evaluation project, you need to interview 6th graders. You sent out a letter to their parents, asking them to give you permission to interview their children, by returning the mail with their signature on the permission line. In this case, what type of consent are you seeking from the parents?

a. active consent b. passive consent

Business

Like a corporation, a limited liability company is required to hold an annual meeting.

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

Business

The number of title insurance companies operating in State Z is relatively low. Recently, the largest of these companies (50 percent market share) acquired the second largest company (30 percent market share)

Immediately after the acquisition, the insurer raised premiums by 75 percent. This scenario demonstrates which of the following rationales for the regulation of insurance? A) maintain insurer solvency B) prohibit unfair sales practices by agents C) ensure reasonable rates D) make insurance available

Business

Courts order reformation most often when fraud or mutual mistake is present

Indicate whether the statement is true or false

Business