Which of the following symbols represents the experimental effect?
A) O
B) X
C) C
D) E
E) none of the above
D
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The Federal Reserve's function as the lender of last resort leads ?to the problem of
A. ?economic instability. B. ?contagion. C. ?bank run. D. ?adverse selection.
Sears reports that most of its ethics assist line calls are about how to solve a human resources issue. Which of the following is TRUE of these calls?
a. They are all referred to the appropriate company HR department. b. They are refused politely. c. They are welcome, but they are not part of the original intention of ethics assist lines. d. These calls are considered the highest priority for ethics assist lines.
Contracts with bondholders, other lenders, and preferred shareholders often limit dividend payments and thereby compel the retention of earnings. Which of the following is/are true?
a. A bond contract may require that total liabilities not exceed the total amount of shareholders' equity. b. A bond contract may require that firms retire debt "out of earnings.". c. A bond contract's provisions may involves curtailing dividends so that the necessary debt service payments, plus any dividends, do not exceed the amount of earnings for the period. d. Financial statement notes must disclose significant limitations on dividend declarations. e. all of the above
An agency arrangement based on the conduct of the two parties is what type of agency?
A) Inherent B) Implied C) Express D) Apparent