The listing signed by the wife alone to sell community real property is:

a. illegal
b. voidable
c. enforceable
d. unenforceable

Answer: c. enforceable

Business

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Interest rates are zero. A European call with a strike price of $50 and a maturity of one year is worth $6 . A European put with a strike price of $50 and a maturity of one year is worth $7 . The current stock price is $49

Which of the following is true? A. The call price is high relative to the put price B. The put price is high relative to the call price C. Both the call and put must be mispriced D. None of the above

Business

Which of the following is considered a disadvantage of shadow data?

A) Spreadsheets are outside the formal data systems under IT control. B) An accounting professional can develop the spreadsheet solution when needed. C) Spreadsheets have extensive analytic features. D) Spreadsheets offer reporting features that do not require custom programming.

Business