Suspicionless drug testing of student athletes is considered by the courts to be
consistent with the Fourth Amendment.
a. True
b. False
a
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Banks earn profit by
A. borrowing from depositors at a lower interest rate, and lending those funds at a higher interest rate. B. reducing the service charges for safety vaults and ATM facilities. C. lending more loans to non-risky business firms. D. reducing the amount of transaction deposits.
If net income for a proprietorship was $50,000, the owner withdrew $20,000 in cash and the owner invested $10,000 in cash, the capital of the owner increased by $40,000
Indicate whether the statement is true or false
Which sentence is more formally expressed?
A) Do you know where the meeting is? B) Do you know where the meeting is at?
The financial manager of a firm has a variable rate loan outstanding. If she wishes to protect the firm against an unfavorable increase in interest rates she could:
A) sell an interest rate futures contract of a similar maturity to the loan. B) buy an interest rate futures contract of a similar maturity to the loan. C) swap the adjustable rate loan for another of a different maturity. D) none of the above