The four "A's" of a successful contract include: ________
A) Avoid misunderstanding and assure work
B) Assure payment and avoid liability
C) Assess risk and analyze profit
D) Assume parties will abide by the contract
E) Both A and B
E
Business
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A cash flow statement uses the equation: assets - liabilities = net worth.
a. true b. false
Business
You made a $10,000 stock purchase on margin (50%). You put $5,000 into your account initially to cover the purchase. Your stock has declined in value to $7,000 and you receive a margin call
How much cash must you put into your account as a result of the margin call? A) $1,500 B) $3,000 C) $5,000 D) None—you already have $5,000 in your account.
Business