Physical duress occurs when there is physical harm to the contractual document, such as complete or partial destruction or manipulation of content
Indicate whether the statement is true or false
FALSE
Business
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The Federal Truth-in-Lending Act (TILA) defines the annual percentage rate (APR) as:
a. the total of only the direct costs of credit paid by a borrower. b. the total of all costs which the borrower needs to pay in order to get the loan. c. the relative cost of credit expressed in percentage terms. d. the difference between the 10-year Treasury Note and the 3-month Treasury Bill.
Business
What is free cash flow? Why is it important in the acquisition of a firm particularly a highly leveraged firm?
What will be an ideal response?
Business