According to Adam Smith, _______.

a. TCE developed out of markets
b. Markets developed out of monopolies
c. Monopolies developed TCE
d. None of the above


d. None of the above

Business

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Providing superior service to a firm's most valuable customers is likely to result in a maximization of the total business value generated over time

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

Business

Treasury bills are issued by the U.S. government. In which type of financial market do outstanding, or already issued treasury bills trade??

A. ?Capital market B. ?Primary market C. ?Stock market D. ?Money market E. ?Derivatives market

Business

A company's current ratio is 1.2 and its quick ratio is 0.25. This company is probably an excellent credit risk because the ratios reveal no indication of liquidity problems.

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

Business

If the offeree does not accept the offer, after a reasonable length of time the offer may terminate through:

a. lack of time b. loss of time c. excess of time d. extension of time e. none of the other choices are correct

Business