The term fiduciary is at the heart of agency law
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Special orders should only be considered if unused capacity exists
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Green Corporation has the following stock outstanding:4% cumulative preferred stock, $20 stated value$ 400,000Common stock, $12 par2,400,000During the current year, Green paid $100,000 in dividends. No dividends were paid in the two previous years.Required:a) Compute the total amount of dividends that was paid to each class of stock in the current year.b) Compute the amount of dividends per share for each class of stock
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The risk of noncompletion is most important when:
A) the international trade is recurrent in nature. B) there is a sustained relationship between the buyer and seller. C) with an outstanding agreement for recurring shipments. D) when the relationship is between countries whose currencies are considered strong.
An IPO does not require SEC registration
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