If the exchange rate's volatility is rising, and therefore the risk of the option not being exercised is decreasing, the option premium would be increasing

Indicate whether the statement is true or false.


Answer: TRUE

Business

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At December 31, 2018, the Rare Corporation reported a $40,000 deferred tax liability pertaining to a $100,000 temporary difference which will reverse equally during the next four years. On December 31, 2018, after determining the deferred tax liability, Rare's management was informed that the income tax rate for years subsequent to 2018 had been changed to 42%. As a result of the tax rate change, Rare's 2018 income tax expense will:

A. not change. B. increase $1,200. C. increase $800. D. increase $2,000.

Business

One of the major advantages of observation studies is that they record actual behavior rather than relying on reports of behavior from respondents.

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

Business

Jason's mother would like him to go to college, so in June he enrolls at the local university. He also quits his job and tells his mother his plans to take classes. His mother says, "I'm so happy that you are going to college that I want to pay for your books." Jason then sends her a bill for $485 . Jason's mother's promise is:

a. enforceable, because Jason returned to college. b. enforceable, because Jason is giving up the right to do something else. c. unenforceable, because it is a unilateral contract. d. unenforceable, because Jason had already enrolled in school when she made the statement that she wanted to pay for his books, and there is no consideration.

Business

A collection agency has the right to contact a debtor at the debtor's place of employment whether or not the debtor's employer objects

a. True b. False Indicate whether the statement is true or false

Business