Insiders may refrain from trading on inside information rather than disclose it to avoid liability under Rule 10b-5

Indicate whether the statement is true or false


True

Business

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In order for a lease to be considered a finance (or capital) lease, international accounting standards require that a lease agreement

a. transfers substantially all risks and rewards incident to ownership of an asset to the lessee. b. contains a provision requiring transfer of title to the lessee by the end of the lease term. c. provides that the term of the lease contract be longer than one year. d. provides for a bargain purchase option.

Business

Van de Ven and his colleagues (1999) identify four roles of mangers in the innovation cycle. Which of the following is NOT one of those four?

a. Sponsor b. Mentor c. Critic d. Enabler

Business

Harold was terminated by his employers for poor performance. A clause in his employment agreement stated that Harold would be barred from working for a rival firm for a period of 1 year from the date of termination. This clause is an example of a:

A. payback clause. B. noncompete clause. C. nonsolicitation clause. D. nondisclosure clause.

Business

Once a negotiation process begins, during its earliest phase we should include the other party in a problem-solving session to identify alternative outcomes. This technique is called:

A) Broadening options. B) Identifying shared interests. C) Inclusive brainstorming. D) Objective criteria.

Business