A bond liability can be extinguished so that the issuing company is legally released from being the primary obligor of the liability. This process is referred to as
A) ?early retirement.
B) ?bond guarantee.
C) ?defeasance.
D) ?debt restructuring.
C
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If it will make a sale, it is okay to make an idle promise to a customer
Indicate whether the statement is true or false
A pension plan:
A. Is a contractual agreement between an employer and its employees in which the employer provides benefits to employees after they retire. B. Is always funded fully by employers. C. Can be underfunded if the plan assets are more than the accumulated benefit obligation. D. Is a contract between the company and the government. E. Can be a defined benefit plan or an undefined benefit plan.
The newest forms of international business structure developed to create competitive advantage on a worldwide basis are called
A. licensees. B. export agents. C. strategic alliances. D. trading companies. E. countertraders.
Garrett Enterprise ? Garrett Enterprise is a well-known company that has been around for many years. However, Mr. Robinson, its CEO, has noticed recently that the company is not performing up to par. He has been watching the employees closely. Mr. Robinson saw that his workers do only what is required and that no one seems to go above and beyond what is necessary. ? He thinks this is odd because Garrett Enterprise used to have dedicated employees who felt a real sense of ownership toward the company. Now it seems that the employees need to be watched all the time just to make sure they are doing the minimum required. The company has always tried to help its employees through various measures, but recently these measures have been unsuccessful. ? Mr. Robinson also observed that the
employees were not engaging with each other. They all seemed to be at ease with each other, but there was very little interaction. When Mr. Robinson asked his top managers to study the situation more closely, they reported that the employees were neither dissatisfied nor motivated. ? Mr. Robinson decided that things needed to change. He decided that the managers would reward only very good behaviors and punish anything that was considered bad behavior. While this may not be the best option, Mr. Robinson believes that it may work for the near future. Refer to Garrett Enterprise. When employees interact with each other, what needs are they meeting? A. Physiological B. Safety C. Social D. Esteem E. Self-actualization