"To my daughter so long as she lives in Montana and if she ever leaves Montana, to my son." The son holds:
A) A possibility of reverter
B) A right of entry/power of termination.
C) An executory interest.
D) A contingent remainder.
C
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A skimming pricing strategy, is used when the firm intends to make its overall profits through selling fewer units at a higher profit per unit
Indicate whether the statement is true or false
Which of the following is an example of a situational question?
A) If you were aware that a coworker submitted false data, what would you do? B) What is your ideal work environment? C) What do you predict for the future of our industry? D) Tell me about a time when you dealt with confidential information.
GP&L sold $1,000,000 of 12 percent, 30-year, semiannual payment bonds 15 years ago. The bonds are not callable, but they do have a sinking fund which requires GP&L to redeem 5 percent of the original face value of the issue each year ($50,000), beginning in Year 11. To date, 25 percent of the issue has been retired. The company can either call bonds at par for sinking fund purposes or purchase bonds in the open market, spending sufficient money to redeem 5 percent of the original face value each year. If the yield to maturity (15 years remaining) on the bonds is currently 14 percent, what is the least amount of money GP&L must put in to satisfy the sinking fund provisionfor the next redemption? (Round the answer to the nearest whole number.)
A. $43,856 B. $50,000 C. $37,500 D. $43,796 E. $39,422
The Reputation Institute rates the social responsibility of the largest corporations in the world. They assign a proprietary CSR rating to each company based on surveys of thousands of consumers worldwide. In a recent annual ranking, Microsoft Corporation was ranked #1 for social responsibility. Regarding the ranking, the following is a quote from Microsoft's Senior Director of Citizenship and Public Affairs: "I think this is really a testament to our employees worldwide and the difference they make in their local communities. While we have a small Citizenship team here at the corporate level, we have Citizenship Leads across the globe and they work daily in collaboration with a wide range of stakeholders on a range of issues important to local communities." Which of the following
terms best describes Microsoft's approach to corporate social responsibility? A. Green marketing B. Cause-related marketing C. Stakeholder orientation D. Strategic philanthropy E. Consumerism