An assignee's rights are the same as those that had been possessed by the assignor.?
Indicate whether the statement is true or false
True
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________ refers to a contract provision that designates a certain court to hear any dispute concerning nonperformance of the contract.
A. No-contest clause B. Choice of law clause C. Forum-selection clause D. Arbitration clause
A share option plan will be defined as compensatory if it has which one of the following characteristics?
A) The discount from market price for the stock option is greater than either what would be reasonable in an offer of stock to shareholders or others or the per-share amount of issuance costs avoided by not issuing the stock to the public. B) Employees have 31 days or less from the date the purchase price is set to decide whether or not to enroll in the plan. C) Almost all full-time employees are able to participate in the plan. D) The purchase price is based solely on the market price of the stock on the purchase date.
A random sample of 121 checking accounts at a bank showed an average daily balance of $280. The standard deviation of the population is known to be $66. a.Is it necessary to know anything about the shape of the distribution of the account balances in order to make an interval estimate of the mean of all the account balances? Explain.b.Find the standard error of the mean.c.Give a point estimate of the population mean.d.Construct an 80% confidence interval for the population mean.e.Construct a 95% confidence interval for the population mean.
What will be an ideal response?
Manhattan Company recorded an adjusting entry to accrue interest owed of $300 as of December 31, Year 1. When the related note was paid during Year 2, the company paid $450 in interest. Which of the following journal entries correctly records this Year 2 transaction? (Assume that the entry to record the payment of the note itself was recorded in a separate journal entry.)
A.
| Interest Expense | 450 | |
| Cash | 450 |
B.
| Interest Expense | 150 | |
| Cash | 150 |
C.
| Interest Expense | 450 | |
| Cash | 300 | |
| Interest Payable | 150 |
D.
| Interest Expense | 150 | |
| Interest Payable | 300 | |
| Cash | 450 |