Which of the following describes a serial bond?
A) a bond that matures in installments at regular intervals
B) a bond that gives the bondholder a claim for specific assets
C) a bond that matures at one specified time
D) a bond that is not backed by specific assets
A) a bond that matures in installments at regular intervals
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Which of the following types of sales quotas encourage salespeople toward the products and services that are the most profitable to the company, as opposed to those that have the highest prices or are easiest to sell?
A) sales volume based quota B) profit based quota C) combination quota D) market based quota
A third person is a donee beneficiary if the promisee's primary purpose in contracting was to make a gift of the contracted performance to the third party.
Answer the following statement true (T) or false (F)
A predetermined overhead rate allows managers to make more timely product pricing decisions
Indicate whether the statement is true or false
A(n) ________ provides that certain job preferences will be given to members of minority racial and ethnic groups, females, and other protected-class applicants when making employment decisions
A) retaliation B) affirmative defense C) affirmative action plan D) reasonable accommodation plan