Convicts who inherit property from relatives are required to have it escheat to the state

Indicate whether the statement is true or false


False

Business

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A common task of the senior mail clerk is to open and route mail to the appropriate departments or individuals when the mail has not been so addressed

Indicate whether the statement is true or false.

Business

Ten high-technology batteries are tested for 200 hours each. One failed at 20 hours; all others completed the test. FR(%) is ________ and MTBF is ________

A) 10%; 1/1820 B) 90%; 1/1820 C) 10%; 1820 hours D) 10%; 1980 hours E) 10%; 2000 hours

Business

Ingram Electric Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected.  WACC: 7.00%    Year 0   1   2   3   Cash flows -$800 $350 $350 $350

A. 14.93% B. 10.00% C. 12.04% D. 13.97% E. 9.15%

Business

Pan American Pancake House, Inc., a U.S. firm, and Wallaby Waffles, Ltd., an Australian firm, enter into a contract that does not have a forum-selection or choice-of-law clause. Litigation between Pan American and Wallaby over a dispute involving this contract may occur in

A. Australia only. B. Australia or the United States, but not both. C. Australia, the United States, or both. D. the United States only.

Business