Treasury bonds are generally viewed as being risk-free, given the government's ability to ________ and ________
A) tax people; do volume business
B) tax corporations; do volume business
C) tax; print more money
D) print money; do volume business
E) none of the above
Answer: C
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As a general rule, promoters are not liable for contracts they make on behalf of corporations that are not yet formed.
Answer the following statement true (T) or false (F)
A consumer products firm manufactures and sells over 200 different sizes and varieties of jams and jellies. We can say that this manufacturer's product mix has high ________
A) consistency B) depth C) intensity D) range E) width
Events that have no sample points in common are
A. independent events. B. supplements. C. mutually exclusive events. D. complements.
The primary reason for incurring liabilities is:
a. to meet needs for cash during the operating cycle. b. to keep the accounting equation in balance. c. Both of these are correct. d. Neither of these is correct.