Which of the following is an example of a financial innovation introduced to avoid regulations?
A) Securitization
B) Junk bond
C) Debit card
D) Sweep account
D
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When Kraft Foods launched Oreo brand cookies in China in 1996, they found that Oreo was too sweet for the Chinese palate, and the price was too low. Oreo reformulated a less-sweet chocolate-covered wafer and increased its price
This strategy is referred to as product extension approach. Indicate whether the statement is true or false
Which of the following terms does not mean the same as the others?
a. Book value b. Salvage value c. Scrap value d. Disposal value
Which of the following sections from the statement of cash flows includes borrowing cash and paying off loans?
A) the investing activities section B) the operating activities section C) the financing activities section D) the non-cash investing and financing section
The injured party loses the right to sue if the lawsuit is not brought within the ________
A) privity of contract B) notice of assignment C) future right D) statute of limitations