Title insurance covers mechanic's liens

Indicate whether the statement is true or false


False

Business

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Employee fraud involves three steps. Of the following, which is not involved?

a. concealing the crime to avoid detection b. stealing something of value c. misstating financial statements d. converting the asset to a usable form

Business

On Monday, Emily gave 10 job applicants a personality test. On Tuesday, her car was stolen with the results of the tests in the trunk. On Wednesday, she gave all the applicants the test again. On Thursday, her car was found and the results of the first tests were still in the trunk. On Friday, Emily compared the results of the first and second tests and found they were almost the same. Emily’s personality test appears to have _________.

A. criterion-related validity B. content validity C. construct validity D. reliability E. analytics

Business

Masulis (1980) documented evidence that the market generally reacts favorably to a leverage- increasing debt-for-equity swap, and unfavorably to a leverage decreasing equity-for-debt swap

Which of the following is NOT a legitimate theoretical explanation for these market reactions? a. Increasing leverage increases the tax shield of debt, while extinguishing debt decreases it. b. Increasing leverage induces an expropriation of wealth from existing creditors, while extinguishing debt accomplishes the opposite. c. Increasing leverage via a swap involves paying a dividend to shareholders while decreasing leverage via a swap forces the firm to issue equity. d. Increasing leverage disciplines management to act in shareholders' interest by absorbing free cash flow, while decreasing leverage increases management's ability to pursue self-serving activities.

Business

A human resources manager who is hiring a sales trainer to improve the company's sales close rate will be concerned whether the trainer will provide the needed tools and motivation to perform his or her job. The human resources manager wants the company's top management and its sales force managers to approve of his selection of trainer. This is an example of a(n) ________ expectation.

A. Shared B. Other-self C. Derived service D. Service-vision E. Procured

Business