Suppose a firm imports goods from Europe and the import price is denominated in euros, then ________
A) the exporter bears foreign exchange risk
B) Central Bank faces foreign exchange risk
C) the importer bears foreign exchange risk
D) none of the above
Answer: C
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The most basic form of a partnership is known as a general partnership.
Answer the following statement true (T) or false (F)
Consequential damages are foreseeable damages that arise from a party's breach of a contract
Indicate whether the statement is true or false
Drivers on highways are often careless, and even reckless, yet they are not held liable for damages if no one is actually injured. They may, however, be found guilty of traffic law violations if observed, cited and convicted
Indicate whether the statement is true or false
Moral hazard and adverse selection problems increased in prominence in the 1980s
A) as deregulation opened up more avenues for savings and loans and mutual savings banks to take on more risk. B) following a burst of financial innovation in the 1970s and early 1980s that produced new financial instruments and markets, thereby widening the scope for risk taking. C) following a decrease in federal deposit insurance from $100,000 to $40,000. D) because of all of the above. E) because of only A and B of the above.