Which item below is not a characteristic of investment clubs?
A)
Small monthly dues, in the $25 range
B)
Reinvestment of dividends and capital gains
C)
Reliance upon stockbrokers for research and advice
D)
An opportunity for diversification
C
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Avani is nervous about the nature of how her employees use business gratuities. If her company is crafting a code of conduct, how should business gratuities be handled in that code?
a. Make it clear that it is never acceptable to provide or accept a gratuity. b. Offer clear examples of when it is acceptable to provide or accept a gratuity. c. Make it clear that exchange of gratuities should remain confidential. d. Make it clear that gratuities and bribes are synonymous.
The most important factor in deciding whether someone is an employee or an independent
contractor is the length of time the person has worked for the principal. Indicate whether the statement is true or false
Symmetric information is defined as the situation in which _______.
A. investors and managers have identical information about the firm's prospects B. employees and managers have identical information about the firm's prospects C. investors and creditors have identical information about the firm's prospects D. managers have different (better) information about their firm's prospects than outside investors E. employees have different (better) information about their firm's prospects than managers
The bond indenture identifies any collateral pledged against a bond and specifies how it is to be maintained
Indicate whether the statement is true or false