A reduction in the amount of cash received from a customer for early payment is known as a sales discount

Indicate whether the statement is true or false


TRUE

Business

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In a quasi-contract situation, the reasonable value of services or goods to avoid unjust enrichment are called: A) ?preclusion

B) ?benefits. C) ?quantum meruit. D) ?restitution damages.

Business

_____ is a form of unemployment that involves layoffs during recessions.

A. Cyclical B. Isochronal C. Periodical D. Seasonal

Business

Which of the following statements is NOT CORRECT?

A. Foreign bonds and Eurobonds are two important types of international bonds. B. Foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold. C. The term Eurobond applies only to foreign bonds denominated in U.S. currency. D. A foreign bond might pay a higher nominal interest rate than a U.S. bond. E. Any bond sold outside the country of the borrower is called an international bond.

Business

On a multiple-choice exam consisting of ten questions with A through E as choices, the correct answers were: A A D A C B A D C B. Use these data to test the hypothesis that the answer sequence is random. What is the expected number of runs?

Business