A firm's net income is a true representation of cash flows available to the stockholders

Which of the following statements is true about the Sullivan principles?

A. They were widely opposed by U.S. firms, such as General Motors, operating in South Africa. B. They promoted the abolition of apartheid laws. C. It has been argued that they led to the violation of human rights in South Africa. D. They were against the introduction of democratic elections in South Africa. E. Western businesses that followed them were considered unethical.

Private money is a unit of exchange issued by a government agency (such as a treasury department) or government-controlled financial institution (such as a central bank)

Indicate whether the statement is true or false