An index fund is
A. a mutual fund that mimics a stock index.
B. an investment company that pools the funds of many investors and buys government bonds.
C. a mutual fund that buys mortgage-backed securities (MBSs).
D. a company that rates companies in terms of their financial strength.
Answer: A
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Failure to furnish a correct TIN to a requester (payer) can result in a penalty for the payee of:
A. $25 for each failure to complete a W-9. B. $50 for each failure to complete a W-9. C. $500 maximum for failure to complete any W-9 forms as required. D. $0, it is the responsibility of the payer (requester) to have the correct information.
If a contract is made with a person required by law to hold a license, and the purpose of the license is protection of the public, the contract made by an unlicensed person will generally be unenforceable
a. True b. False Indicate whether the statement is true or false
Distractions, groupthink, and digressions that occur in groupwork are known as
A) malfunctions. B) process losses. C) misunderstandings. D) group failure.
Worldwide banking group HSBC moving its back-office operations to China and India is an example of ________
A) franchising B) liquidating C) offshoring D) internetworking E) cloud computing