If a bond with a face value of $1,000 and a face interest rate of 7 percent is issued for $970, the market interest rate at the date of issuance must have been less than 7 percent
Indicate whether the statement is true or false
False
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Which of the following is an affirmative easement?
A. The right to drill for oil and gas on the land of another person B. The ability to obtain oral permission to hunt on another person's land C. The tenant's right to use the property during his lifetime D. The right to have one's neighbor refrain from erecting a building on his property
When a labor union opposes negotiations with foreign companies because of fears that domestic jobs will be lost, this exemplifies the influence of
A. external stakeholders. B. ideology. C. relative bargaining power. D. the immediate context.
Customers usually know a good deal about ________ and are loyal to specific brands
A) specialty products B) homogeneous products C) impulse products D) MRO products E) emergency products
An insurable interest can best be described as:
A) The item is question being fully capable of identification at the time of a loss, even if it could not have been identified at the time that the insurance policy was taken out. B) The insurance covering an item that, if damaged or destroyed, would cause a loss for the party if it were damaged or destroyed in the absence of insurance. C) The insured having paid the premiums of an insurance policy as called for in the policy. D) The item in question being fully covered under a valid insurance policy.