Which of the following is not one of the five Cs of lending?

A. Caution
B. Capacity
C. Character
D. Conditions


Answer: A

Business

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Which of the following is an element of the marketing mix?

A) place B) education C) needs D) wants E) esteem

Business

Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $4,538. The FICA tax for social security is 6.2% of the first $127,200 earned each calendar year, and the FICA tax rate for Medicare is 1.45% of all earnings for both the employee and the employer. The amount of federal income tax withheld from his earnings was $680.70. His net pay for the month is:

A. $3,857.30 B. $3,510.14 C. $4,190.84 D. $3,162.98 E. $4,538.00

Business

In the agency model, the owners of corporations are the agents and the stockholders are the principals

Indicate whether the statement is true or false.

Business

Answer the following statement(s) true (T) or false (F)

1. The Foreign Corrupt Practices Act exempts U.S. firms from certain antitrust laws if they are working together to develop export markets. 2. The United States is often the target of dangerous products because it has weak regulation on imports. 3. The purpose of GATT is to efficiently monitor and establish effective tariffs and other barriers to international trade. 4. Originally over 120 nations agreed to follow the guidelines established by GATT. Now there are only 27 nations that support those guidelines. 5. Since it was organized GATT has sponsored several rounds of negotiations to reduce trade barriers.

Business