What is required under the FMLA of 1993? (
What will be an ideal response?
Under the Family and Medical Leave Act, employers are required to give employees up to 12 weeks of unpaid leave for childbirth, adoption, or care of ill children, spouses, or parents.
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Electro Corporation extends credit to its customers to purchase appliances, furniture, and other goods. Electro Corporation could borrow from a bank using its accounts receivable as collateral, thereby placing debt on the balance sheet. Electro Corporation would then use the cash collections from the receivables to repay the bank loan with interest. Instead, Electro Corporation sells the accounts
receivable to the bank for an amount that is less than the cash the bank expects to collect from receivables purchased. The amount takes account of expected defaults, which would reduce the cash generated by the receivables. This difference between the amount paid to Electro Corporation by the bank for the receivables and the amount that the bank expects to collect from the receivables provides the bank with its expected return. Electro Corporation must transfer additional uncollected receivables to the lender/purchaser bank under either of two conditions: (1) if any receivables become uncollectible, and (2) if interest rates rise above a specified level. Which of the following is/are true? a. Electro Corporation bears both credit risk and interest rate risk and should treat the transfer of receivables as a loan, with debt appearing on its balance sheet. b. Electro Corporation bears both credit risk and interest rate risk and should not treat the transfer of receivables as a loan, with no debt appearing on its balance sheet. c. Electro Corporation does not bear credit risk or interest rate risk and should not treat the transfer of receivables as a loan, with no debt appearing on its balance sheet. d. Electro Corporation has no further obligation and will treat this transaction as a sale, with no incremental debt on the balance sheet. e. Electro Corporation bears credit risk but no interest rate risk and should treat the transfer of receivables as a loan, with debt appearing on its balance sheet.
Explain what a "structural bond" means
What will be an ideal response?
If a company has violated antitrust laws,
a. the Justice Department can initiate only noncriminal charges against the violator. b. the Federal Trade Commission may file criminal proceedings against the violator. c. any private person or company that has been harmed by the violator can file a lawsuit to recover damages. d. both the Justice Department and the Federal Trade Commission can bring criminal proceedings.
The minimization of menu bars, status lines, and other visual overhead is a key feature of modern-style applications.
Answer the following statement true (T) or false (F)