The UN's Convention on Contracts for the International Sale of Goods (CISG) differs from the Convention Relating to a Uniform Law on the Formation of Contracts for the International Sale of Goods (ULF) in that the CISG ________

A. does not represent the legal systems of communist nations
B. contains provisions for domestic sales of goods
C. represents all major legal systems
D. does not contain provisions pertaining to the formation of contracts

C

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Martin Industries just paid an annual dividend of $1.20 a share. The market price of the stock is $26.60 and the growth rate is 4 percent. What is the firm's cost of equity?

A) 8.38 percent B) 8.51 percent C) 8.57 percent D) 8.69 percent E) 8.74 percent

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UML is a(n) ________ standard

A) United States B) international C) ANSI D) AICPA

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