Stock acquisition plans provide for all of the following except
(a) promote substantial organization ownership rights
(b) avoid federal income tax obligation
(c) assist employees develop an estate
(d) enhance employee willingness to save for the future
b
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Freightway Trucking Inc uses the CAPM to help estimate their cost of equity
Given the following information, what is the firm's estimated cost of equity? The risk-free return in the market is currently 3%, the market risk premium is 8%, the expected return on the market portfolio if 11% and the firm has a beta of 1.50 A) 7.50% B) 15.00% C) 10.50% D) 19.50%
Under the Third Restatement, an agent who represents an undisclosed principal is discharged from liability if:
A) the third party's judgment against the principal is satisfied. B) the third party becomes aware of the principal. C) after learning the identity of the principal, the third party gets a judgment against the principal. D) The agent is never discharged from liability.