The UCITA (Uniform Computer Information Transactions Act) establishes uniform legal rules for the formation and enforcement of electronic contracts and licenses

Indicate whether the statement is true or false

TRUE

Business

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When an investor purchases a $1,000 par value bond that was quoted at 97.162, the investor:

A) pays $10,971.62 for a $10,000 face value bond. B) receives $971.62 upon the maturity date of the bond. C) receives 97.162% of the stated coupon payments. D) pays 97.162% of face value for the bond.

Business

In the context of corporate ethics programs, which of the following is a function of ethics committees?

A. They develop policies, evaluate actions, and investigate violations. B. They resort to punitive measures to deal with all ethical issues. C. They take disciplinary action against whistleblowers. D. They work to cover the unethical acts committed by the organization. E. They encourage eavesdropping as a means of gathering information about employees.

Business