Option premiums increase as the term to maturity increases
Indicate whether the statement is true or false
TRUE
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Groupon built its business model on the premise that
A. businesses would be willing to post their 30-second TV advertising on a social network. B. consumers would be willing to pay for fun and exciting online video games that are playable on their smartphones and tablet devices. C. consumers would band together and try a new product or service if businesses would offer lower prices to entice them to take advantage of a daily deal offered to them. D. consumers would be receptive to online sweepstakes. E. consumers would want to "check in" and earn points and badges for visiting businesses.
Clark hires Dimitri to act as his agent to purchase Expo Sports Arena, Inc Clark tells Dimitri to reveal that he is buying the firm and its assetson behalf of a third party and to tell the seller who that third party is. Clark is
a. a disclosed principal. b. an apparent principal. c. an undisclosed principal. d. a partially disclosed principal.
A court is unlikely to enforce the non-compete agreement Kelly and Amber signed because of which of the following clauses?
A. Kelly agrees not to work for a competitor for two years. B. Kelly agrees not to work for a competitor within a 10-mile radius of Amber's business. C. Kelly agrees to go into a completely different line of work than Amber. D. All of these are correct.
Which of the following is a major drawback to road, or truck, transport?
A) There are many places that trucks cannot get to. B) Trucks are relatively expensive. C) Trucks cannot deliver goods door to door. D) Trucks are the least flexible means of transport. E) Trucks are the least convenient means of transport.