Packaging must be done early in development process
Indicate whether the statement is true or false
FALSE
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Externalities show that even if both parties to an exchange receive actual benefits from the exchange, other parties external to the exchange might be adversely affected.
Answer the following statement true (T) or false (F)
If the law changes such that the actions called for in an agency arrangement become illegal after
the agency has been carried on legally for some period of time, what is the consequence? A) The agency is not terminated, but the principal and agent will each become liable for his or her own illegal actions. B) The agency is not terminated, but the principal and agent will each become liable for the illegal actions of the other. C) The agency is terminated effective upon the change in law taking effect. D) The agency is terminated retroactively and the parties must each return any consideration received from the other. E) The agency is terminated retroactively and the parties are left where they are.
Costs that qualify as research and experimental expenditures include all of the following except
A. costs incurred in developing product improvements. B. costs of obtaining a patent such as attorney fees. C. depreciation of laboratory equipment. D. management studies.
An investor buys $8,000 worth of a stock priced at $40 per share using 50% initial margin. The broker charges 6% on the margin loan and requires a 30% maintenance margin. In 1 year the investor has interest payable and gets a margin call. At the time of the margin call the stock's price must have been ____.
A. $20 B. $29.77 C. $30.29 D. $32.45