Term loans have maturities between three months to one year
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Term loans can have maturities between 1 and 25 years, depending on the lender and the purpose of the loan.
Business
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In the case of Ultramares Corporation vs. Touche, the defendant was found to be not guilty of negligence due to lack of privity of contract
Indicate whether the statement is true or false
Business
Which of the following suggestions will help reduce the effect of social loafing in groups?
A) clearly identify individual responsibilities B) provide group rewards instead of individual rewards C) increase the overall size of the group D) form homogeneous groups to increase group cohesiveness
Business