FedEx provided Lewis Exporters with a document that serves as a contract for transporting twenty boxes from Boston to Paris. Which term best describes this document?

A) sight draft
B) bill of lading
C) bill of exchange
D) trade acceptance

B

Business

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The difference between time-share use and a time-share estate is

A) the amount of time sold to the buyer. B) one limits use to certain months, the other provides a rotation system for use. C) time-share use sells only right of occupancy, not a fee-simple estate. D) no difference except in terminology.

Business

A stock's market value is dependent on investors' expectations of future cash flows to the firm

Indicate whether this statement is true or false.

Business