For firms that are able to raise funds through the sale of commercial paper, it is generally cheaper than borrowing from a commercial bank
Indicate whether the statement is true or false
TRUE
Business
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Novation is most closely related to:
a. realization of an unexpected profit. b. creation of an existing agreement. c. substitution of a new contract for an old one. d. modification of a contract.
Business
A customer goes into a restaurant and sits down at a table and finds a Wyoming state road map and four unused Jackson Hole lift tickets paper clipped to the map sitting on the table. This is most likely:
A) Abandoned property because it was left by the previous customer. B) Mislaid property that the finder should turn over to the restaurant. C) An uncompleted gift to the waitperson. D) Lost property entitling the finder to keep it. E) Property of the Jackson Hole Ski area.
Business