A corporation that buys the assets of another corporation does not assume the other's liability unless:
a. the purchaser expressly or impliedly agrees to assume the seller's liabilities.
b. the transaction amounts to a consolidation or merger of the two corporations.
c. the sale is for the fraudulent purpose of avoiding the liabilities of the seller.
d. All of these.
d
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A retailer's selling to consumers via store, catalog, and the Web illustrates _____
a. selective distribution b. impulse purchasing c. intensive distribution d. multi-channel retailing
The modified internal rate of return (MIRR) is the discount rate that forces the ______.
A. future value of the project's terminal value to equal the future value of its cash outflows B. present value of the project's terminal value to equal the present value of its costs (cash outflows) C. future value of the project's terminal value to equal the present value of its costs D. present value of the project's terminal value to equal the future value of its costs E. present value of the project's terminal value to equal the sum of its undiscounted cash inflows
Refers to the instruction above. What are total costs to buy an annual quantity of 40,000 units?
A) $400,000 B) $500,000 C) $800,000 D) $850,000
Bonds that can be redeemed at par at the option of their holders either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired, acquiring another company, or
issuing a large amount of additional debt are called ________. A) zero coupon bonds B) junk bonds C) floating-rate bonds D) putable bonds