The residual dividend theory suggests that dividends should be paid to stockholders first, and then, what is left can be reinvested by the firm

Control of the future supply of funds available to a foreign country is one method to ensure the repayment of an existing debt.

a. true b. false

In general, an incidental beneficiary has no enforceable contract rights because she was not intended to have such rights.

Indicate whether the statement is true or false