Equity represents an ownership interest in a firm and entitles the holder to the residual cash flows

Indicate whether the statement is true or false

TRUE

Business

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In order to communicate trust, members of management must be willing to allow employee communications to express dissent

Indicate whether the statement is true or false

Business

Yvonne finds a carpenter to do some repairs for her house and tells him that if he finishes the job within Saturday, she would pay him $1,000. This offer creates a(n) ________ contract

A) executed B) executory C) unilateral D) bilateral

Business