Which of the Following Statements Is Correct

question 120

Multiple Choice

Which of the following statements is correct?

• A) Under normal conditions,a firm's expected ROE probably would be higher if it financed with short-term than with long-term debt,but the use of short-term debt would probably increase the firm's risk.
• B) Conservative firms generally use no short-term debt and thus have zero current liabilities.
• C) A short-term loan can usually be obtained more quickly than a long-term loan,but the cost of short-term debt is likely to be higher than that of long-term debt.
• D) If a firm that can borrow from its bank buys on terms of 2/10,net 30,and if it must pay by Day 30 or else be cut off,then we would expect to see zero accounts payable on its balance sheet.
• E) If one of your firm's customers is "stretching" its accounts payable,this may be a nuisance but does not represent a real financial cost to your firm as long as the firm periodically pays off its entire balance.

Grasp the concept of stable personalities over time and factors influencing adult personality.

Recognize the concept and implications of "living apart together" among couples.

Comprehend the outcomes of divorce, particularly in abusive relationships.

Understand the changes in couple dynamics after children have grown, including the impact on relationship time and quality.

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Definitions:

Disaffirmance

The legal right of a party to renounce or void a contract, often used in the context of minors voiding contracts they've entered.

Mentally Incapacitated Persons

Individuals who are unable to make informed decisions due to mental impairments or conditions.

Reasonable Period

A timeframe that is considered appropriate under typical circumstances, allowing for necessary actions to occur without undue delay.

Contract Legally Binding

An agreement between parties that is enforceable by law, where each party has agreed to certain terms and conditions.