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Three students chose to work on a directed study project for Planned Parenthood Association. The project included the creation of an app for inventory control. The students went to the library to get a book on the topic. The book was in the reserve section, so the students made three copies of the four relevant pages so that they could study them. They used the ideas from the book and created an original app and a manual. Later, when the students were preparing a report for their presentation, they decided that the pages in the book exactly expressed the theoretical background they needed for the introduction. They copied those four pages and used them as their own for the beginning of their twenty page report. At the presentation, seven copies of the report were made (with the code and manual as appendices) . On these facts, which of the following is true?
Promissory Note
A finance-related written assurance where one party obligates to pay the other a clearly defined monetary amount, either when required or at a particular future time.
Discounted
Refers to the process of determining the present value of a future amount of money or stream of cash flows given a specific rate.
TD Canada Trust
One of Canada's prominent banking and financial services providers, known for offering a wide range of personal and business banking solutions.
GICs
Guaranteed Investment Certificates are financial products in Canada offering an assured interest rate over an agreed-upon term.
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