Because ________ are seen as an implicit commitment, they send a ________ signal of financial strength to shareholders
A) regular dividends, strong
B) dividends, weak
C) repurchases, strong
D) repurchases, weak
Answer: A
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The interest rate on short-term loans between banks is known as the
A. primary credit discount rate. B. federal funds rate. C. commercial paper rate. D. T-bill rate.
A change in the ownership of a partnership results in the
A) consolidating of the partnership B) liquidating of the partnership C) realization of the partnership D) dissolution of the partnership
Multinational companies that forbid the payment of bribes and kickbacks in their codes of ethical conduct and that are serious about enforcing this prohibition
A. are out-of-step with business reality given that the preponderance of company managers are immoral. B. face a particularly vexing problem of losing business to competitors that have no scruples-an outcome that penalizes ethical companies and company personnel. C. are in a distinct minority compared to companies that view the payment of bribes and kickbacks as a legitimate or permissible practice. D. are misguided in their efforts because bribes and kickbacks are really no different from tipping for service at restaurants as you pay for a service rendered. E. are generally advocates of the ethical relativism school of thought.
The law of conveyancing firmly establishes that a contract for the sale of land carries an implied seller's obligation to transfer marketable title
a. True b. False Indicate whether the statement is true or false