Failure to meet a margin call will cause an investor's futures contract to be sold

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Elise had arrived at her first day of work dressed for success. Richard told their coworker, Sam, “She’s going to be trouble” before he met Elise or anyone told him anything about her. Richard is guilty of which of the following?

A. making a snap judgment B. allness C. self-serving bias D. frozen evaluations

Business

The project plan for the development of the product includes ______.

A. the importance of the project B. resources needed for the project C. the government requirements for the project D. the ISO mandates for the project

Business

Cal sprayed pesticide on his crops in a very careful manner on a windless day. Nevertheless, some of the pesticide spray fell on his neighbor's side of the fence and contaminated the cornmeal for the chickens. The chickens died and the neighbor sued Cal. What is the likely result?

a. Cal is not liable because the neighbor assumed the risk of damage to the feed by placing it close to the fence. b. Cal is not liable for the damage because of contributory negligence. c. Cal is not liable because he was not negligent in his spraying operation. d. Cal is liable because spraying pesticides is an abnormally dangerous activity.

Business

Smelly FruitAt first glance there is little to like about the durian. The durian is a fruit popular in Thailand that is spiky outside and stinky on the inside. When confronted with the durian for the first time, the Wall Street Journal recently reported that westerners often describe its distinctive sulphurous smell with words like stinky socks and manure. However, the durian is so popular in Thailand that one variety of the durian fruit, called the Kan Yao, has been selling for as high as $200. Even at that price, supply of the Kan Yao cannot keep up with demand. There are approximately 30 varieties of the durian grown in Thailand, with the most plentiful selling in the $15 range. The yellow flesh of the durian, the part you eat, has very powerful smell, but possesses a sweet, nutty

taste that Thais cannot seem to get enough of at any price.Refer to Smelly Fruit. Suppose a Thai farmer sells 10 Kan Yao durians in the marketplace at the going rate of $200 each. If it cost a Thai farmer $125 to produce and market the Kan Yao durian that she has sold, the difference between these two numbers ($75), times the number sold (10), represents the farmers _____. A. ROI B. revenue C. profit D. returns E. COGS

Business