Unauthorized signatures include both forgeries and signatures made by an agent without authority
a. True
b. False
Indicate whether the statement is true or false
True
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Indicate whether the statement is true or false
Which of the following statements is not true?
a. If one investment earns 8 percent compounded annually and another earns 8 percent simple interest, the amount of interest earned will be the same for both investments, provided the same amount is invested in each for one year. b. Simple interest cannot be calculated for periods of less than one year. c. Total interest earned will be greater when compound interest is applied than when simple interest is applied. d. None of these are not true.
Lina, along with ten of her colleagues, starts a financial cooperative to financially assist each other. The members pool their savings in the cooperative, and they can also take loans from it on a low interest rate. Members of the cooperative benefit from higher returns on savings and lower rates on loans. In this scenario, the cooperative started by Lina and her colleagues exemplifies a(n) _____.
A. investment bank B. savings and loan association C. private equity firm D. credit union
If a court has the power to hear only certain types of cases, it is said to have ____________________ jurisdiction
Fill in the blank(s) with correct word