The inclusion of a compensating balance requirement in a line of credit will reduce the effective

annual cost of credit since the bank has additional collateral for the borrowing.

Indicate whether the statement is true or false


FALSE

Business

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Operations plans in the medium to short term are done during ______.

A. detailed scheduling B. material requirements planning C. sales and operations planning D. master scheduling

Business

Swinborn sells "Tyger" steroids over the Internet. He is arrested and charged with the sale of a controlled substance. This is cyber crime, which is

A. a crime in which the letter "y" is used in the misspelling of a word. B. a crime that occurs in the virtual community of the Internet. C. a crime that is less real than the same crime in the physical world. D. no crime.

Business

Duties of the Bailee. Wanda Perry, who had an account with Farmers Bank of Green-wood, wanted to rent a safe-deposit box from the bank. The boxes were available only to bank customers, and no rent was charged. When renting the box, Wanda was asked to

sign a signa-ture card that stated the following: "The undersigned customer holds the Farmers Bank harm-less for loss of currency or coin left in the box." A little over four years later, the bank was bur-glarized, and most of the safe-deposit boxes were broken into. Wanda's box was among those burglarized, and she lost all the currency and coins contained in it. At trial, evidence showed that the bank had been negligent in failing to restore a burglar alarm system that had been inoperative for more than a week prior to (and including) the day the bank was burglarized. Wanda sued the bank to recover the currency and coins, alleging negligence on the part of the bank. Discuss fully whether the bank should be held liable for the loss.

Business

According to the Americans with Disabilities Act (ADA),

A. employers with no risk-based programs are in stronger positions. B. employees with disabilities have greater access to health coverage than other employees with the same health coverage plan. C. employers who make changes after hiring employees with disabilities are in a stronger position. D. the terms of health insurance should not be a subterfuge to deny benefits to those with disabilities. E. the terms and conditions of health insurance should not be based on risk factors.

Business