Which of the following concepts refers to the process of converting exchanges from nonprofit, member-owned organizations to for-profit investor-owned and typically publicly traded companies?
A) demutualization
B) cross-listing
C) consolidation
D) alternative trading system
Answer: A
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Retailers often end their fiscal year that ends
a. during a slack season. b. during the peak of the busy season. c. at different times each year, depending on the tax consequences. d. on September 30.
Rashid purchased real estate known as Parcel A, subject to a preexisting mortgage, in favor of Local National Bank. Leila purchased real estate known as Parcel B, assuming a preexisting mortgage on it in favor of Local National Bank. After each purchase took place, there were defaults on the debts that gave rise to the mortgages. Although Local National Bank instituted and completed foreclosure proceedings with regard to each of the two mortgages, it did not yield enough funds to pay off the debt in full. Therefore, Local National Bank made demands on Rashid and Leila for payment of the deficiency owed on Parcel A and on Parcel B, respectively. Explain if Local National Bank is entitled to receive the deficiencies it seeks from Rashid and Leila.
What will be an ideal response?
In which way was the Globe study research distinctly different from the research that Hofstede conducted?
a. There were only minor differences as both studies used the same methodology. *b. The Globe study research constructs were defined, conceptualized, and operationalized by a multicultural team of researchers. c. Hofstede’s research included more White participants. d. Hofstede’s study used a larger study population.
The cognitive bias known as naïve realism assumes that what is correct in our immediate environment is appropriate and proper as a way of communicating. What is another assumption of this bias?
a. That the behavior is only correct in our unique environment b. That the behavior will change when new people enter into the environment c. That the behavior is static and does not change over time d. That the behavior is also universally correct.