The top 500 e-tailers accounted for 65 percent of all online sales in 2009

Indicate whether the statement is true or false


TRUE

Business

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Foreign purchasing agents are also referred to as jobbers

Indicate whether the statement is true or false

Business

The present value is the value today of a single amount to be paid or received at a specific date in the future

a. True b. False Indicate whether the statement is true or false

Business

Vince has begun forgetting things and is becoming very difficult to get along with. He is 85, has been ill, and is very fond of his housekeeper Annie. He gives a deed to Annie for all of his real property. At Vince's death, his children, who got only his photograph albums according to the will, ask that the deed be set aside and the land be put back in the estate for purposes of division among

all the children. What will be the probable result in this case? a. Since Vince was 85 he was probably incompetent and the court would rule for the children. b. Clearly Annie used her position of dominance to persuade Vince to deed her the property, and it will be set aside. c. Unless the children can prove that Vince was unable to understand what he was doing, or that Annie used her position to improperly influence Vince, Annie can keep the property. d. Annie will not be able to keep the property since she is not a family member.

Business

Option volatility is defined as the square root of the standard deviation of daily percentage changes in the underlying exchange rate

Indicate whether the statement is true or false.

Business