Any recurring sequence of points above and below the trend line lasting less than one year can be attributed to the cyclical component of the time series

a. True
b. False
Indicate whether the statement is true or false

False

Business

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Under the Secured Transactions Article of the UCC, all of the following are needed to create enforceable security interest except

A. A security agreement must exist. B. The secured party must give value. C. The debtor must have rights in the collateral. D. A financing statement must be filed.

Business

The face value for a share of stock, printed on the stock certificate, is the stock's:

A. Liquidation value B. Stated value C. Par value D. Book value E. None of the above

Business