A typical banker's acceptance would involve two firms and their commercial banks

Indicate whether the statement is true or false.


Answer: TRUE

Business

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________ reasoning is reasoning about what we should believe.

Fill in the blank(s) with the appropriate word(s).

Business

The definition of a default judgment is:

a. a legal pleading that contains denials, admissions, affirmative defenses, and counterclaims. b. a pleading that is a statement of the initial claim against the defendant. c. an assertion that even if the plaintiff's allegations are true, the plaintiff would not be entitled to a remedy. d. a judgment against a defendant who fails to respond to a complaint.

Business

?a. If a firm borrows $10,000,000 from a bank at 12% and pays an origination fee of 10%. What is the rate of interest if the firm borrows the full amount for the entire year? ? b. If a firm borrows $10,000,000 from a bank at 12%, discounted in advance, what is the rate of interest if the firm borrows the full amount for the entire year?

What will be an ideal response?

Business

Dangers that were not known or not fully appreciated at the time the product was manufactured are known as and account for the largest dollar volume and greatest number of product liability cases

a. unknown hazards or latent defects b. known hazards or latent defects c. unknown hazards or quiet defects d. unknown hazards or delayed defects e. potential hazards or delayed defects

Business