Cash borrowed on a mortgage note is a(n) ________ activity on the statement of cash flows

Which of the following statements is true of an offer that was not communicated?

A) The offer stays valid for 30 days from the date of creation. B) The offer cannot be accepted by the offeree if not communicated. C) The offeree can claim an offer that was not communicated. D) The offer is considered to be an implied term.

Which of the following statements regarding a share repurchase is NOT true?

A) Share repurchases occur most commonly as open market repurchases. B) The firm typically buys its shares just like any investor would purchase stocks listed on a stock exchange. C) A firm often announces its intention to repurchase a certain number of its shares, say over the upcoming year. D) In most cases, a firm may agree to repurchase shares from a major shareholder at a negotiated price.