In a tort action:

a. a party whose interests have been injured sues the party allegedly responsible
b. a person or property has suffered injury as a consequence of the actions of another
c. The injury to a person or property is legally the consequence of the actions of another d. all of the other specific choices
e. none of the other specific choices


d

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On January 1, a company issued a $500,000, 10%, 8-year bond payable, and received proceeds of $473,845. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The amount of discount amortized each period is $1,634.69.

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

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Individual debtors are allowed to keep some assets in a Chapter 7 bankruptcy

Indicate whether the statement is true or false

Business

Roselle paid $250 to buy one put option with a strike price of $35. What is the maximum profit Roselle can earn on her option contract?

A) $100 B) $350 C) $3,250 D) Her profit potential is unlimited.

Business

Organization culture can be managed by

A. sticking to the knitting. B. conducting in-depth research and evaluation. C. allowing autonomy and entrepreneurship. D. utilizing the culture that is already there. E. staying close to the customer.

Business