Riley pays State Bank $500 plus a service fee to draw a check on itself payable to Torque Plumbing. The party that is responsible for paying the check is
A) onlyRiley

B) bothRiley and State Bank.
C) only State Bank.
D) none of the choices.


C

Business

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What is a focus group?

A. It is a method of market research that involves bringing together some people who might use a product and having a researcher question them about it. B. It is a method of market research that focuses on how the industry is performing. C. It is a method of market research that involves collecting statistics about a group of people who might use a product. D. It is a method of research that uses unhappy customers.

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With the background ideas of using the cheapest source first and the impact of asymmetric information, the Pecking Order Hypothesis predicts which of the following?

A) Firms prefer internal financing second to external financing. B) If external financing is required, firms should first seek equity financing. C) If external financing is required, firms will choose to issue the riskiest security first, starting with debt financing and using equity as a last resort. D) If external financing is required, firms will choose to issue the safest or cheapest security first, starting with debt financing and using equity as a last resort.

Business

The lines and waiting times for a service initially grow longer, but level off eventually. This is called the transient period

Indicate whether the statement is true or false

Business

Assume that stock market returns do follow a single-index structure. An investment fund analyzes 217 stocks in order to construct a mean-variance efficient portfolio constrained by 217 investments. They will need to calculate ________ estimates of expected returns and ________ estimates of sensitivity coefficients to the macroeconomic factor.

A. 217; 47,089 B. 217; 217 C. 47,089; 217 D. 47,089; 47,089 E. None of the options are correct.

Business