A confusing "quirk" of international exchange rates occurs when calculating the percentage change in spot rates from one period to another
The percent change in the spot rate from one period to another when quoted using foreign currency terms is always greater than the percent changes quoted when using home currency terms.
Indicate whether the statement is true or false.
Answer: FALSE
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Which of the following statements is true about Civil Rights Act of 1866 and 1871?
A. They denied plaintiffs any form of compensatory and punitive damages. B. They restricted the rights of entering into and enforcing contracts to white citizens only. C. They denied individuals the right to sue in federal court. D. They excluded other individuals from having the same property rights as white citizens. E. They were passed to further the Thirteenth Amendment's goal of abolishing slavery.
Which of the following is NOT true about a sale and leaseback of a commercial property?
(a) Ownership does not actually transfer (b) Seller frees up funds (c) Buyer can deduct depreciation from his taxes (d) Seller is able to deduct rent payments from his gross income