A speculator that has ________ a futures contract has taken a ________ position
A) sold; long
B) purchased; short
C) sold; short
D) purchased; sold
Answer: C
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______________________________ tags can be attached to inventory items to track their movement throughout the warehouse and even through the entire supply chain
Fill in the blank(s) with correct word
Shield Company needs to purchase a property to build their headquarters. An investor is willing to exchange land worth $700,000 for shares of common stock. On the statement of cash flows, this transaction would be shown as ________
A) investing activities B) non-cash investing and financing activities C) operating activities D) financing activities
Uri promises to pay Tami, his niece, $5,000 if she obtains her degree at State Institute of Technology, where she is in her third year. Tami graduates. Uri is A) not required to pay because Tami was already at State
B) not required to pay because obtaining a degree benefits Tami. C) required to pay because a job can be hard to find after college. D) required to pay because Tami obtained a degree at State.
Owen and Pablo enter into a contract for a sale of fifty Western saddles. Pablo pays, but Owen does not deliver. Pablo can normally recover as damages the difference between A)?any loss avoided and any profit gained
B)?the actual price and the hoped-for price. C)?the contract price and the market price. D)?the current prices in the parties' locations.