A Proper Fraction Is Converted to a Decimal Equivalent by Dividing

question 104

True/False

A proper fraction is converted to a decimal equivalent by dividing the denominator into the numerator.

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Definitions:

Due Diligence Defense

A legal defense used in securities law, indicating that the defendants conducted a thorough investigation and did not find any misrepresentations or omissions.

Prospectus

A formal document that companies must publish when offering their shares to the public, detailing their business and financial status.

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Material Information

Any information that could influence an investor's decision to buy or sell securities, including details about a company's financial status, operations, and any legal issues.