If it takes you four years to pay off a loan, you have to pay the total annual interest four times

Indicate whether the statement is true or false.


Answer: FALSE

Business

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If those who are in ill health purchase health insurance and this raises the premiums for all of the insureds, this would be an example of

A) a non-insurable interest. B) adverse selection. C) moral suasion. D) pure risk.

Business

How did Siemens accomplish its long history of paying bribes to government officials in exchange for obtaining contracts from those governments?

a. It used business consulting arrangements in all of the countries b. Siemens was not involved in any bribery activities but it was found to have been involved in useful expenditures c. Siemens is not subject to the FCPA because it is a German company d. Siemens used NGOs to funnel the money into the various countries

Business

________ helps managers maintain their enthusiasm and confidence and energize subordinates to help the organization attain its goals.

A. An external locus of control B. Introversion C. A high need for power D. Negative affectivity E. Emotional intelligence

Business

A key factor in determining tax treatment of distributions from qualified retirement plans is whether the employee made pre-tax or after-tax contributions.

Answer the following statement true (T) or false (F)

Business