If the forward price of a currency contract is lower than the spot rate, the currency is said to be at a
A) forward discount.
B) forward premium.
C) future expected exchange rate.
D) forward swap rate.
Answer: A
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A) national; manufacturer B) store; private label C) manufacturer; private label D) store; licensed E) private label; distributor
Discuss the concept of early retirement as a benefit.
What will be an ideal response?
Which of the following statements is true with regard to transportation costs?
a. They are a significant portion of a firm’s total supply chain expenses. b. They represent more than 80% of total logistics costs. c. They are not reflected in a company’s financial statements. d. They discourage a firm from outsourcing.
In Gieseke v. IDCA, Gieseke formed a company to compete with his old employer and worked with one of the former owners of his old employer in the new company. His former employer moved some of the equipment of the new company and changed its mailing address without permission of Gieseke or his partner. When Gieseke sued his former employer the courts held that he had a good cause of action for:
a. trespass of business property b. fraud c. interference with prospective contractual relations d. negligent misrepresentation e. none of the other choices