Generally, the law assumes that the principal is aware of any information acquired by the agent that is relevant to the agency

Indicate whether the statement is true or false


T

Business

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An agreement to exchange interest payments based on a fixed payment for those based on a variable rate (or vice versa) is known as a/an:

A) forward rate agreement. B) interest rate future. C) interest rate swap. D) none of the above

Business

Futures contracts trade with every month as a delivery month. A company is hedging the purchase of the underlying asset on June 15 . Which futures contract should it use?

A. The June contract B. The July contract C. The May contract D. The August contract

Business

In Commonwealth v. Angelo Todesca Corp where Angelo Todesco Corporation was charged with motor vehicle homicide after an employee accidentally killed a police officer with a dump truck, the Massachusetts supreme court held that:

a. a corporation may be criminally liable for violation of a traffic statute b. a corporation may not be criminally liable for violation of a traffic statute c. an individual may not be criminally liable for violation of a traffic statute d. an individual may not be civilly liable for a violation of a traffic statute e. none of the other choices are correct

Business

Net Price Factor is the percent of a list price that the business pays for merchandise.   It is calculated as 100% + the Trade Discount Rate.?

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

Business