Credit risk management tools include
A) deductibles.
B) collateral.
C) interest rate swaps.
D) duration analysis.
B
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Two court cases that applied to the regulation of business were Munn v Illinois (1877) and Nebbia v New York (1934). Regarding these two cases, which of the following is true?
(a) The former case, in effect, gave the federal government more comprehensive powers to regulate business than the latter case. (b) The latter case gave the federal government more comprehensive powers to regulate business. (c) Both cases were equally important in giving the federal government powers to regulate business. (d) Neither case was very important with regard to federal regulation of business but set a precedent for later, more important court cases.
Suppose you are the manager of Good Smells, a home fragrance firm. To make your fragrance, you purchase orange peels from orange juice manufacturers. If the demand for orange juice decreases, this will cause the production of orange juice peels to ________ and the price of orange juice peels to ________.
A) decrease; fall B) increase; fall C) increase; rise D) decrease; rise
Which of the following does not contribute to an improved standard of living?
a. Increases in the amount and quality of available resources b. Better technology c. Higher prices for the necessities of life d. Improvements in the "rules of the game" e. Increases in the quality of labor
Which of the following is an example of trade policy at the regional level?
a. Congress passing legislation to prevent dumping. b. The European Union adopting a common currency c. The World Trade Organization holding a round of negotiations in France. d. The General Agreement on Tariffs and Trade being made.