With regard to a corporation's stock, par value is
a. the current market price of the stock.
b. an arbitrary amount that exists to fulfill legal requirements.
c. the amount at which the stock has been repurchased.
d. the amount at which treasury stock can be sold.
b
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One model of negotiation is particularly relevant for integrative negotiation and provides seven phases to an ideal negotiation process. The first phase, preparation, involves what activities?
What will be an ideal response?
Which of the following statements regarding a 15-year (180-month) $125,000, fixed-rate mortgage is CORRECT? (Ignore taxes and transactions costs.)
A. The remaining balance after three years will be $125,000 less one third of the interest paid during the first three years. B. Because it is a fixed-rate mortgage, the monthly loan payments (which include both interest and principal payments) are constant. C. Interest payments on the mortgage will increase steadily over time, but the total amount of each payment will remain constant. D. The proportion of the monthly payment that goes towards repayment of principal will be lower 10 years from now than it will be the first year. E. The outstanding balance declines at a slower rate in the later years of the loan's life.
The information system which emulates the problem-solving techniques of humans is called a(n):
A. executive information system (EIS) B. group support system (GSS) C. decision support system (DSS) D. expert system (ES)
________ represent(s) cognitive shortcuts or biases that are used to simplify the process of making decisions.
A. Holistic hunches B. Judgmental heuristics C. Tacit knowledge D. Explicit knowledge E. Normative intuitions