If a contingency is put into a contract, it is important to be specific about the:
a. nature of the contingency
b. duration of the contingency
c. method by which the contingency will be removed
d. all of the above
Answer: d. all of the above
Business
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Calculation of the amount of the equal periodic payments that would be required at the end of each year to accumulate a $20,000 fund at the end of the tenth year is most readily determined by reference to a table that shows the
A. future value of $1. B. present value of $1. C. future value of annuity of $1. D. present value of a single sum.
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Which of the following is the most appropriate firm to use the survey of sales force?
A) IBM B) Burger King® C) Best Buy® D) Ace Hardware ® E) Kmart®
Business