A defining moment in the history of freedom of the press in the United States came in 1735 when jurors refused to convict_____for seditious libel
a. George Washington b. Ben Franklin
c. Paul Revere d. John Zenger
d
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Which of the following statements is CORRECT?
A. If a 10-year, $1,000 par, 10% coupon bond were issued at par, and if interest rates then dropped to the point where rd = YTM = 5%, we could be sure that the bond would sell at a premium above its $1,000 par value. B. Other things held constant, a corporation would rather issue noncallable bonds than callable bonds. C. Other things held constant, a callable bond would have a lower required rate of return than a noncallable bond. D. Reinvestment rate risk is worse from an investor's standpoint than interest rate price risk if the investor has a short investment time horizon. E. If a 10-year, $1,000 par, zero coupon bond were issued at a price that gave investors a 10% yield to maturity, and if interest rates then dropped to the point where rd = YTM = 5%, the bond would sell at a premium over its $1,000 par value.
Which of the following is true of doing business in Italy?
A) Businesspeople tend to be quite informal in terms of introductions and dress. B) Entertaining clients at your home is considered better than doing so in a restaurant. C) Gifts are considered bribes and will insult the recipients. D) Most Italian businesspeople are in a hurry, so quick decision making is important. E) Professional titles are used quite often in business dealings.
A company is said to lack control when there is a(n) ________, that is the firm's expectations are not established in writing.
A. absence of policies B. "shoot the messenger" management C. inadequacy of ethics in the culture D. lack of periodic reviews E. lax top management
How is the number of days to collect accounts receivable computed? What information does this ratio provide?
What will be an ideal response?