A disadvantage of the annuity for life plan is that the payments stop when you die, so you can't pass the money on to your heirs
Indicate whether this statement is true or false.
Answer: FALSE
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Most foreign exchange transactions are conducted between commercial banks and household customers.
a. True b. False
Regarding the international division structure
A. conflicts tend to be minimized within the firm. B. by operating separately from the domestic operations, it prevents disagreements from arising regarding product design. C. most companies move away from an international division and adopt a global function structure. D. disagreements may be encountered regarding prices charged to the international division by the domestic unit. E. the challenges of managing the international division diminish as larger size and scale are achieved.
Child's Play, Inc., sells a toy with a dangerous defect. Drew buys the toy for his son but discovers the defect before the child is injured. Drew files a suit against Child's Play. The firm's best ground for dismissal of the suit is that Drew does not have
A. certiorari. B. jurisdiction. C. standing to sue. D. sufficient minimum contacts.
You work for a construction firm that is submitting a bid for the construction of a new company headquarters building for Smithco. A friend you have known since high school works in Smithco's capital budgeting area and has full knowledge of all the bids from all firms. It would be unethical for your friend to share that information with you before you submitted your bid
Indicate whether the statement is true or false