If parties contract via the Internet, the digital signature provided by the parties is:

a. generally presumed to be valid
b. presumed to be valid, but must eventually be backed by a written signature c. presumed to be valid if notarized
d. not valid; the law does not accept digital signatures for contract formation
e. not valid; the law will accept digital signatures when they can be proven secure


a

Business

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Honig Corporation had the following shares of stock outstanding on December 31, 2010: Common stock, $50 par value, 100,000 shares outstanding Preferred stock, 8 percent, $100 par value, cumulative, 10,000 shares outstanding Dividends were in arrears for 2008 and 2009 . On December 31, 2010, total cash dividends of $400,000 were declared. The total amounts payable to preferred stockholders and

common stockholders, respectively, are a. $200,000 and $200,000. b. $160,000 and $240,000. c. $240,000 and $160,000. d. $80,000 and $320,000.

Business

Answer the following statement(s) true (T) or false (F)

1. The two components of marketing are advertising and selling. 2. Marketing is a process that fulfills both individual and organizational objectives. 3. The term product refers to tangible goods as well as services. 4. The ultimate purpose of marketing is to bring about exchanges between buyers and sellers. 5. Marketing produces utility, or added value.

Business

Which of the following statements is true about the relationship between the debt/assets ratio and the times-interest-earned ratio (TIE) of a firm??

A. ?If the debt/assets ratio increases, the TIE ratio will also increase. B. ?If the debt/assets ratio decreases, the TIE ratio will increase. C. ?If the debt/assets ratio decreases, the TIE ratio will also decrease. D. ?The debt/assets ratio will always be equal to the TIE ratio. E. ?The debt/assets ratio and the TIE ratio are not related to each other.

Business

Concern about the replacement value is considered in which principle of a sound insurance program?

A. Identify business risks that can be insured. B. Secure insurance coverage for all major potential losses. C. Consider the feasibility and affordability of insuring smaller potential losses. D. Review and evaluate.

Business