Which of the following is true of the Securities Investor Protection Corporation (SIPC)?
A) It protects investors from losses up to $750,000 due to the financial failure of a brokerage firm.
B) It has the monitoring and bailout functions that the Federal Deposit Insurance Corporation (FDIC) has in banking.
C) It does not use trustees in any of its functions.
D) It supervises the liquidation of brokerage firms that are in financial trouble.
D
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The tort of assault and the tort of battery:
A) Are strict liability torts. B) Require proof of each of the separate elements of negligence. C) Can occur independently or together. D) Are two names for the same tort. E) Cannot both occur in the same incident.
Which of the following statements regarding workplace bullying is accurate?
a. Bullying in the workplace does not subject employers to any real liability claims. b. The Supreme Court in Indiana ruled that "workplace bullying" cannot be considered a form of intentional infliction of emotional distress. c. Studies show that workplace bullying is not a serious issue; only 10 percent of employees have admitted to being bullied at work. d. Not a single state has been able to pass anti-bullying legislation.
Which of the following statement is true regarding permanent funds?
A. Permanent funds have a donor restriction on the fund principal but the income from the fund may be used to benefit the government's program. B. Permanent funds have a donor restriction on the income generated from the fund principal but the principal may be used to benefit the government's program. C. Permanent funds do not have any donor restrictions when they are established. D. The cash or accrual basis of accounting may be used to account for a permanent fund.
With the foreign currency approach, if we know the appropriate discount rate in the home country and the expected inflation rates in the two countries, we can determine the appropriate foreign discount rate
Indicate whether the statement is true or false.