Organizations that create various loans and investments from funds provided by depositors are known as _____.
A. investment banks
B. financial intermediaries
C. derivatives markets
D. over-the-counter markets
E. designated market makers
Answer: B
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To reflect greater uncertainty (greater risk) about a future cash inflow, an analyst could
a. increase the discount rate for the cash flow. b. decrease the discounting period for the cash flow. c. increase the expected value of the future cash flow before it is discounted. d. extend the acceptable length for the payback period.
Garden World orders 120 hand cultivators from Green Thumb, Inc When the cultivators arrive, they seem fine, so Garden World accepts them. As the stock person is putting the cultivators on display, she notices that the tines are loose on all the
cultivators. Garden World returns the cultivators to Green Thumb, but they are lost when the delivery truck slips on an oily spot in the road and drives into a nearby lake. Discuss who bears the risk of loss for the shipment.
Explain how the terms civil law and civil law system differ
Records disposition involves moving records to permanent storage or destroying records.
Answer the following statement true (T) or false (F)