Carry trade is borrowing in a currency where interest rates are _____ (high to low?) and then investing in a currency where interest rates are _____ (high or low?).

Fill in the blank(s) with the appropriate word(s).


Answer: low; high

Business

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The journal entry used to record the issuance of a discounted note for the purpose of borrowing funds for thebusiness is

a. debit Cash and Interest Expense; credit Notes Payable b. debit Cash and Interest Payable; credit Notes Payable c. debit Accounts Payable; credit Notes Payable d. debit Notes Payable; credit Cash

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What is likely to happen when a new CEO comes into an organization?

a. The CEO will fire most of the employees b. The CEO will continue with business as usual c. The CEO will be immediately accepted d. The CEO may challenge power and culture dynamics

Business

________ occurs where a principal is liable for an agent's tortious conduct because of the employment contract between the principal and agent, not because the principal was personally at fault

A) Vicarious liability B) Negligence C) Liability with fault D) Misrepresentation

Business

Which of the following is defined as a corrective action that is taken to support core values, such as truth, trust, and respect, while simultaneously preserving human dignity?

A. Industriousness B. Permissiveness C. Caring confrontation D. Positive reinforcement

Business