Give an account of the state environmental protection laws
What will be an ideal response?
Many state and local governments have enacted statutes and ordinances to protect the environment. Most states require that an environmental impact statement (EIS) or a report be prepared for any proposed state action. In addition, under their police power to protect the "health, safety, and welfare" of their residents, many states require private industry to prepare EISs for proposed developments. Some states have enacted special environmental statutes to protect unique areas within their boundaries.
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It is inappropriate for a salesperson to provide information to his/her company on such topics as competitors' activities and market opportunities since doing so would exceed his/her authority and violate customer confidence.
Answer the following statement true (T) or false (F)
Which of the following job characteristics measures the degree to which the job offers the worker freedom and independence?
a. skill variety b. task significance c. task identity d. autonomy e. feedback
Part payment of a debt may cancel the entire debt if there is an honest dispute over the exact amount of the debt
Indicate whether the statement is true or false
Masulis (1980) documented evidence that the market generally reacts favorably to a leverage- increasing debt-for-equity swap, and unfavorably to a leverage decreasing equity-for-debt swap
Which of the following is NOT a legitimate theoretical explanation for these market reactions? a. Increasing leverage increases the tax shield of debt, while extinguishing debt decreases it. b. Increasing leverage induces an expropriation of wealth from existing creditors, while extinguishing debt accomplishes the opposite. c. Increasing leverage via a swap involves paying a dividend to shareholders while decreasing leverage via a swap forces the firm to issue equity. d. Increasing leverage disciplines management to act in shareholders' interest by absorbing free cash flow, while decreasing leverage increases management's ability to pursue self-serving activities.