判断题Depending on the need of clients, SWIFT is the most convenient and the safest method.
判断题A bridging loan is a loan agreement under which finance is required in connection with the sale of one asset and the purchase of another.
判断题The object of an action in tort is to compensate the individual who has suffered harm caused by the breach of contract.
判断题Under true lease, the company or the bank will hold the title to the facilities, receive tax credit if there is any, sell facilities to the user at a bargain price when the lease expires.
判断题In Hongkong, compared to the bends market, the equity market appears not to exist at all because of its limited daily transactions.
判断题Wong, the president of a corporation told Zheng that "if you work hard, and profit remains high, you'll get a bonus, if management thinks it's warranted." Profit remains high, but no bonus is paid. If Zheng sues, would a court enforce the promise?
判断题Mr. Charles invested ＄50,000 to commence his business, that means now he can make ＄ 50,000 claim on the business.
判断题Bills of lading are negotiable.
判断题A bill of exchange which is drawn in favour of a fictitious or non-existing person is not valid.
判断题For purpose of recording accounting information, each company is considered to be separate from its owners and all other companies. This concerns the entity concept.
判断题Certificates of deposits are not negotiable instruments.
判断题The target deposit gives the customer greater flexibility in the amount and the time period for the funds being saved.
判断题A certificate of deposits differs from the general type of time deposits in that it is negotiable and can be sold to another party before the maturity date.
判断题If the contingent liabilities are probable and the amount of the liabilities can be reasonably estimated, the facts of the contingency should be disclosed.
判断题Although one accountant mistakes to write down a credit sale as a cash sale, the figure on the debit side of the trial balance is right.
判断题A prohibitory injunction orders the defendant to do something positive.
判断题A bank reconciliation statement is prepared to analyze the differences between the ending cash balance on the bank statement and the ending cash balance in the firm's accounting records.
判断题In Hongkong, money supply is a market-determined phenomenon rather than a Monetary Authority regulated one.
判断题In business charges depreciation in accounts, the accounting concept to be considered is the materiality concept.
判断题Write short notes on:
(a) Real property.
(b) Personal property.