A person in a position of trust who undertakes to act for another with scrupulous good faith and honesty is called a_________
Fill in the blank(s) with correct word
fiduciary
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Floating-rate debt is advantageous to investors because the interest rate moves up if market rates rise. Since floating-rate debt shifts interest rate risk to companies, it offers no advantages to issuers.
Answer the following statement true (T) or false (F)
ServProf Inc. is a financial consulting firm that is currently recruiting new employees. One of the policies of the company states that an employee must work in the company for a minimum of one year and sign a contract with the company confirming the acceptance. Employees who accept the job offer agree to this policy, and it does not adversely affect them. However, it is against the law for companies to follow such a policy. In this scenario, ServProf Inc. has engaged in _____ behavior.
A. illegal and unethical B. illegal yet ethical C. legal yet unethical D. legal and ethical
A portfolio that offers the lowest risk for a given level of return is known as an efficient portfolio
Indicate whether the statement is true or false.
Which of the following statements is true regarding MIME?
a) It is used by RealPlayer to determine audio frequencies. b) It is a Windows technology but is not specific to Internet Explorer. c) It is part of the DHTML package. d) It is a standard for specifying content format.