Which of the following is an unlawful and unenforceable restrictive covenant?

A) a promise to never construct an apartment building on the property
B) a promise to never sell the land to any person born in China
C) a promise to always use the land for growing cotton
D) a promise to never construct a swimming pool on the property


B

Business

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Indicate whether the statement is true or false

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Proponents of the direct method prepare it by:

a. adding and subtracting some adjustments from net income. b. adding and subtracting cash flows from investing and financing activities. c. adjusting each line on the income statement to produce a cash-flow income statement. d. recording only cash transactions in the journal. e. None of the answers are correct.

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In picking the smoothing constant for an exponential smoothing model, we should look for a value that

A) produces a nice-looking curve. B) equals the utility level that matches with our degree of risk aversion. C) produces values which compare well with actual values based on a standard measure of error. D) causes the least computational effort. E) None of the above

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Bank holding companies are regulated by the FDIC

Indicate whether the statement is true or false

Business