A firm with excess cash needs the funds for a payment after two months. The funds should not be invested in

A. commercial paper and repurchase agreements.
B. Treasury bills and Treasury bonds.
C. negotiable certificates and Treasury bills.
D. bankers' acceptances and commercial paper.


Answer: B

Business

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Robert Hayden sells metal gazebos. He approaches a large retail chain of home improvement stores. He decides beforehand to sell 10 pieces to their regional procurement manager. In terms of the acronym "SMART", his primary objective is to:

A. have a targeted rate of return. B. put customer service first. C. maximize the customer's order. D. relate to the present and future needs of the customer. E. be specific.

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Which of the following laws is primarily concerned with product warranties?

A. Magnuson-Moss Act B. Robinson-Patman Act C. Sherman Act D. Federal Trade Commission Act E. There are no laws regulating product warranties.

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Even though a person is declared bankrupt, he or she will still have to pay back student loans; they are usually not eliminated

a. True b. False Indicate whether the statement is true or false

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