Which of the following statements about student loans is not true?
A) If you don't complete your education, you will not have to pay back your student loan.
B) A school's financial aid office is a good source of information on student loans.
C) Both the federal government and financial institutions participate in the student loan program.
D) Interest is often deferred and there can be tax savings on the interest paid on student loans.
Answer: A
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What has research shown about the value Americans place on the ethical nature of their employer?
a. A minority of Americans consider an ethical culture a very important component in an employer. b. The majority of Americans do not consider ethics when looking for an employer. c. Most Americans would like to work for an ethical company but do not consider it a priority. d. A vast majority believe it is highly important to work for an ethical company.
An exit strategy should be put in place during the ________ stage of the business.
A. maturity B. decline C. expansion D. start-up
Garth's Imports sold a car to Wally on credit for $30,000 . Garth assigned to Cassandra all of his rights to receive money from Wally. Cassandra did not inform Wally of the assignment. Therefore, Wally continued to make the next three payments directly to Garth. Shortly thereafter, Garth left the country with the money. If Cassandra sues Wally for the missing three payments:
a. Cassandra will not be able to collect the money from Wally. b. Wally is not liable for the three payments because an assignment is not valid unless the obligor is notified. c. Wally is liable for the three payments because Cassandra paid consideration for the assignment rights. d. Wally cannot raise the defense of previous payment.
If a bond is issued at a premium, the issue price is greater than face value
Indicate whether the statement is true or false