Nigel, a resident of North Carolina, sent Claude, a resident of Lyon, France, a note that read, "Ninety days after date, I promise to pay to the order of Claude €5,000 (signed) Nigel." The note is:
A. payable on demand in the foreign money specified.
B. payable at sight in an equivalent dollar amount.
C. payable in an equivalent dollar amount.
D. not payable in the foreign money specified.
Answer: C
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Confidentiality is sometimes confused with:
A. privacy. B. authenticity. C. integrity. D. nonrepudiation.
Answer the following statements true (T) or false (F)
1. A company's investments in stock or bonds cannot include the acquisition of an entire company. 2. Just as individuals invest in a variety of companies' stocks and bonds, the same is true for businesses. 3. The owner of a bond or stock of a corporation is referred to as the investor. 4. A preferred stock is an example of a debt security.
The standard overhead cost is the sum of the estimates of variable and fixed overhead costs in the next accounting period
Indicate whether the statement is true or false
Arguments for imposing trade restrictions include
A. the misallocation of international resources. B. equalizing a nation's balance of payments. C. higher prices for consumers. D. restriction of consumers' choices. E. none of these answer choices.