Oshkosh Corporation is a large manufacturer of military vehicles used in Afghanistan. If Oshkosh Corporation workers went out on strike and the President believed that this strike presented a significant threat to the nation's safety, he could do all of the following except:
A. Discharge the strikers and replace them with new workers
B. Appoint a board of inquiry to investigate the labor dispute
C. Seek a court-ordered injunction preventing the strike
D. Impose "cooling off" period to allow the parties time to reach a settlement
A. Discharge the strikers and replace them with new workers
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A bond indenture is
a. a contract between the corporation issuing the bonds and the underwriters selling the bonds b. the amount due at the maturity date of the bonds c. a contract between the corporation issuing the bonds and the bondholders d. the amount for which the corporation can buy back the bonds prior to the maturity date
Cliff agrees with Sarah to extend the closing date of the purchase of his house for one week. Sarah agrees to pay Cliff $1,000 for this extension. This extension term is called:
A) an offer. B) an option C) a conditional term D) an acceptance E) an extension offer
Linda owns and runs her own firm. She also serves on the boards of several companies. Although she does not work for these companies, she attends board meetings, analyzes information, and tries to act in the best interests of their shareholders. Linda is an example of an outside director.
Answer the following statement true (T) or false (F)
The key dimension of credit selection which analyzes the amount of assets an applicant has available for use in securing the credit is ________
A) capital B) collateral C) capacity D) conditions