Which of the following features allows a borrower to redeem or repurchase a bond issue before its maturity date?
A) The call provision
B) Convertibility
C) Floating rate
D) The priority of claims
Answer: A
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According to monetarists, the main source of fluctuations in economic activity is
A. changes in the amount of money in the economy. B. waves of optimism and pessimism that cause business investment in capital goods to fluctuate. C. changes in the prices of oil and other resources. D. changes in productivity.
In hierarchical societies with high-power distance, there is a strong preference for ______ over ______ in reward allocation decisions.
A. equity, equality B. seniority, equity C. need, equality D. deference, equity
Corporate social responsibility (CSR) has been defined by the European Commission (2005) as existing when:
a. Companies integrate social and environmental concerns in their business operations and in their interactions with their stakeholders on a voluntary basis b. Companies do the right thing c. Companies maintain their immediate environment in pristine shape d. All of the above
An ultimate requirement of listening for information is that the listener:
a. is judgmental. b. takes copious notes. c. avoids focusing on nonverbal cues. d. is able to separate fact from fiction and truth from untruth.