What is a debt instrument that is not secured by any collateral, but is backed by the credit worthiness of the issuing entity?
A) Non-Collateral Bond
B) Debenture
C) Unsecured Loan
D) Unattached Entity
E) Free Debt Investment
B) Debenture
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Samuel and Darci are partners. The partnership capital for Samuel is $50,000 and for Darci is $60,000 . Josh is admitted as a new partner by investing $50,000 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is
a. $0 b. $18,000 c. $8,000 d. $10,000
An approach to the study of retailing that stresses activities such as buying, pricing, and personnel practices is a _____ approach
a. strategic b. functional c. institutional d. retail audit
Which of the following is NOT a round of investment capital?
a. Seed b. Series A c. Series B d. Sweat equity
Jim has a medical condition that makes it difficult for him to stand for long periods of time, an essential part of his job. His employer would be making a reasonable accommodation for this disability if they reassign Jim to a vacant position.
Answer the following statement true (T) or false (F)