SIPC insures the delivery of shares but does not insure their market value
Indicate whether the statement is true or false
TRUE
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A democratic leader is one who tends to centralize authority and derive power from position.
Indicate whether the statement is true or false.
Acknowledging you made a mistake is an example of negative assertion
Indicate whether the statement is true or false.
As compared to the internal rate of return (IRR), the net present value (NPV) technique of capital budgeting is considered a better measure of profitability because:
A. the internal rate of return (IRR) does not allow you to determine if the project is acceptable. B. the net present value (NPV) is the only method that allows you to determine which independent project is acceptable. C. the net present value (NPV) technique gives a direct measure of the dollar benefit (on a present value basis) tothe firm's shareholders. D. the internal rate of return (IRR) for a project is different for each firm. E. the net present value (NPV) contains information about a projects "safety margin," which is not inherent in the internal rate of return (IRR).
Teresa owns a used-car lot where Salvatore works as a salesperson. Teresa tells Salvatore not to make any warranties for the cars. To make a sale to Rosa, however, Salvatore adds a 50,000-mile warranty. Later, Rosa sues Teresa for breach of warranty. Teresa's right to hold Salvatore liable for any damages she has to pay is the right of
A. avoidance. B. cooperation. C. indemnification. D. reimbursement.