Letters of credit are popular among traders because most of the risks are assumed by ________

According to the Family and Medical Leave Act, an employee can take up to 20 weeks of unpaid leave each year under certain specified circumstances

Indicate whether the statement is true or false

Samsing Inc pays $18,000 to buy stock in another company and an additional $350 in commissions. Three months later, Samsing sells the stock for $19,000 . At the time of sale, Samsing will recognize a:

a. A $650 loss b. A $1,000 gain c. A $350 loss d. A $650 gain