Administrative law is needed because the number of agencies has significantly _______ in recent years
a. increased
b. decreased
c. stayed the same
a
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Which of the following is true of Web 2.0?
A) It categorizes entries according to a strict taxonomy. B) It gets updated constantly. C) It is based on the open source model. D) It is based on the wisdom of crowds model. E) It improves as the number of users decreases.
Which of the following costs would be relevant in short-term decision making?
a. incremental fixed costs b. all costs of inventory c. total variable costs that are the same in the considered alternatives d. the cost of a fixed asset that could be used in all the considered alternatives
Which of the following statements is FALSE?
A) mortgage fraud is a widespread problem in Canada B) the Land Titles system has helped reduce mortgage fraud in Canada C) mortgage fraud is possible because of the ease of getting fraudulent documents to back up a mortgage application D) lenders often do not do proper investigations on the borrower's background when giving mortgages E) many people take out title insurance to protect against fraud
A stock is valued at $28.00. The annual expected return is 9.0% and the standard deviation of annualized returns is 19.0%. If the stock is lognormally distributed, what is the expected median stock price after 4 years?
A) $28.00 B) $32.33 C) $40.13 D) $54.60