What type of e-money uses microchips for storing data that can be used to transfer funds?
A. Smart cards
B. Thumbprint cards
C. Transfer cards
D. Stored-value cards
E. Intelligent cards
Answer: A
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?Consider a fixed-payment security that pays $100 at the end of every year for five years. If the annual rate of discount is 7 percent, the present value of the security is
A. ?$142.64. B. ?$410.02. C. ?$789.34. D. ?$999.63.
The cash flow from operations to capital expenditures ratio measures a company's ability to
a. use operations to finance its acquisitions of productive assets. b. use cash flows from capital expenditure transactions to maintain working capital. c. increase its capital expenditures as a result of profitable operations. d. pay its current bills from profits made using productive assets.
Which of the following is most likely a service company?
A) a law firm B) a car dealership C) a grocery store D) a bakery
Which of the following Acts is an example of extraterritoriality?
a. Trading with the Enemy Act b. Doctrine of Sovereign Compliance c. Maquiladoras d. Act of State Doctrine