A merger occurs when:
a. two or more firms agree to charge standard prices for their goods b. sales and manufacturing departments are combined
c. common stock is converted to preferred stock d. sole proprietors decide to incorporate
e. two or more firms join together to form a new entity
e
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In "A Question of Ethics," American Airlines handled Alec Baldwin's angry tweet by ________
A) responding with their own version of events B) ignoring it C) using dissonance theory D) taking away his phone
The profit that a company generates when considering only the sales price and the cost of the product sold is called ________
a. operating profit b. gross profit c. income before taxes d. net income
Clive works for Digby Excavation Corporation. While operating a backhoe, Clive suffers an injury. Clive will be compensated under state workers' compensation laws only if
a. he does not have health insurance. b. he is completely disabled. c. his injury was accidental. d. his injury was intentional.
For what range of losses is the equity tranche of iTraxx (or CDX NA IG) responsible?
A. 0 to 10% B. 0 to 7% C. 0 to 6% D. 0 to 3%