When the U.S. government will not allow meat from another country to be marketed in the United States, it is imposing a(n)
A. quota.
B. devaluation.
C. tariff.
D. duty.
E. embargo.
Answer: E
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James is a store manager at Fresco. His store is located in the traditional downtown financial business area in the city. In which of the following classifications of retail locations is James' store located?
A. Gentrified residential area B. Semi-urban area C. Inner city D. Main street E. Central business district
Using the Indirect Method For the following question(s), indicate how each transaction described would be classified on a statement of cash flows if the operating activities section is prepared under the indirect method. When using the indirect method, where is the gain from selling a long-term investment appear on the statement of cash flows? (The proceeds from selling the investment are
considered separately.) A) Operating activity B) Investing activity C) Financing activity D) Financing and Investing activities
The UCC "perfect tender" provision states that
a. the buyer can reject the entire shipment if any portion of the goods are nonconforming. b. the buyer must accept the goods if the defects are minor and correctable. c. the buyer may not accept the conforming part of a shipment and reject the nonconforming part. d. a buyer must reject nonconforming goods.
Which of the following statements about diversification is correct?
A. Portfolio diversification reduces the variability of returns on an individual stock. B. When the company specific risk has been diversified, the inherent risk that remains is the market risk, which is constant for all securities in the market. C. A stock with a beta of ?1.0 has maximum nondiversifiable risk. D. When two perfectly positively correlated stocks with the same risk are combined, the portfolio risk is equal to the risk associated with the individual stocks. E. The systematic risk of a stock with a beta of zero is equal to its unsystematic risk.