What is an executory contract?

A) a contract that cannot be discharged under Chapter 13
B) a contract that the debtor is obliged to perform despite filing for bankruptcy
C) an agreement between several creditors and a single debtor, dividing the debtor's property
D) a contract that has not been fully performed

D

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Brimmo Motorcycles Inc., a U.S.-based firm, manufactures and sells electric motorcycles both domestically and internationally

A sudden and unexpected appreciation of the U.S. dollar should allow sales to ________ at home and ________ abroad. (Assume other factors remain unchanged.) A) increase; increase B) decrease; decrease C) increase; decrease D) decrease; increase

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Followers of the random walk hypothesis believe that

A) security analysis is the best tool to utilize when investing in the stock market. B) the price movements of stocks are unpredictable, and therefore security analysis will not help to predict future market behavior. C) that traders can earn higher than normal returns by exploiting market anomalies such as the small-firm effect. D) support levels and resistance lines, when combined with basic chart formations, yield both buy and sell signals.

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