As firms start jockeying for position, the intensity of competition decreases substantially
Indicate whether the statement is true or false
F
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The annual Hazard insurance bill for a property is $700. The seller has already paid for insurance through December 31st. The closing date of the sale of the property is August 15th. Assuming there are 365 days in the year the buyer is responsible for the day of closing, how much will the seller be refunded for his overpayment of the insurance bill?
A. $264.96 B. $266.88 C. $270.28 D. $433.92
Which of the following is an incorrect statement regarding a joint stock company?
A) Members of a joint stock company own shares that are transferable. B) The joint stock company is treated as a partnership. C) In a joint stock company, all goods are held in the name of the partners. D) A joint stock company is an S corporation.