Voir dire is a process for presenting evidence in a case.
Answer the following statement true (T) or false (F)
False
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Answer the following statement(s) true (T) or false (F)
1. Using long-term debt to raise needed cash is referred to as leverage. 2. Equity capital takes two forms: retained earnings and the sale of stock issues to the general public. 3. Venture capitalists provide funds for new, small, or struggling firms in return for partial ownership in the business. 4. The par value of a share of stock is the going market price for the stock. 5. Stock shares that are sold are called issued stock and the unsold shares are called unissued stock.
Which of the following is an effect of the growing acceptance of strict liability?
A) Negligence has become less important as a theory of liability. B) Negligence has become more important as a theory of liability. C) The doctrine of negligence per se is used more frequently. D) The doctrine of res ipsa loquitur is used more frequently.
Which of the following statements concerning a Chapter 11 reorganization plan is true?
a. A reorganization plan will be confirmed by the court only if a majority of each class of creditors votes in favor of the plan. b. A reorganization plan can be confirmed by the court over objections of some creditors if the court determines that the plan is feasible and fair. c. Only the bankruptcy court has the authority to confirm or reject the reorganization plan. Creditors do not have a right to vote on the plan. d. A reorganization plan binds only the debtor and not the creditors.
A new machine tool is expected to generate receipts as follows: $5,000 in year one; $3,000 in year two, nothing in the next year, and $2,000 in the fourth year
At an interest rate of 6%, what is the net present value of these receipts? Is this a better net present value than $2,500 each year over four years? Explain.