Yoshi, a Japanese citizen working in Atlanta for his Tokyo firm, decided to rent an airplane and fly himself to the Annual Catfish and Zydeco festival in Thibodaux, Louisiana. He rented a small plane to fly there. Over Alabama, thunderstorms formed. Because Yoshi was not trained to fly by instruments, he decided to land at the next airport. As he searched for a runway, Yoshi heard a loud clank
followed by silence as the engine died. He tried to land in a field but crashed. While recovering in a rehabilitation center in California, Yoshi filed suit there against the Atlanta Airport and the owners of the airplane, alleging that they were negligent in their maintenance. If Yoshi wants to obtain jurisdiction over the owner of the airplane he may:
a. send California police to Atlanta to serve the summons
b. serve the owner with a summons while the owner is bar hopping in Los Angeles c. serve the owner with a summons while the owner is on a business trip to Oregon
d. serve the owner with a summons while the owner is in a Delta jet flying over California on his way toHawaii
e. not serve the owner because he is a Georgia resident
b
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A company that uses leverage is attempting to earn an overall return that is higher than the cost of funds received from
a. preferred and common stockholders. b. common stockholders only. c. preferred stockholders and borrowed funds. d. borrowed funds only.
McLuhan (1964) described media as the ______ environment of any communicative act.
a. symbolic b. creative c. interactive d. verbal
The individual accounts with customers are included in a subsidiary ledger called the
A) asset ledger B) accounts payable ledger C) expense ledger D) accounts receivable ledger
Which one of the following is not a characteristic of a liquid market?
A) Market makers stand ready to buy and sell currencies. B) Foreign exchange dealers make transactions only with dealers. C) It becomes easy to match buyers and sellers. D) Transaction costs are low.