Managers frequently cite which of the following reason(s) for using off-balance sheet financing?
a. Some managers believe that it might lower the cost of borrowing.
b. Lower borrowing costs might result if lenders ignore off-balance-sheet financing.
c. Lower borrowing costs might result if lenders are unaware of off-balance sheet financing: because borrowers do not disclose it.
d. Off-balance-sheet financing might lead lenders to set interest rates for loans lower than the underlying risk levels warrant.
e. all of the above
E
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A company wants to create an association between two stimuli: marketing information and attitude. The company is relying on ________.
A. cognitive affiliation B. operant conditioning C. cognitive association D. organizational learning E. classical conditioning
Which of the following is true of the Division of Market Regulation?
A) Accountants, lawyers, financial officers, and underwriters all rely heavily on advice from this division. B) This division reviews all registration statements, prospectuses, and quarterly and annual reports of corporations, as well as their proxy statements. C) It can recommend to the full commission the suspension of an exchange for up to three years. D) It seeks to discourage manipulation or fraud in the issuance, sale, or purchase of securities.
A power of avoidance held by a party may be lost if:
a. the contract is affirmed. b. there are unreasonable delays in exercising the power. c. the rights of third parties intervene. d. All of these.
On behalf of Equity Capital, Inc., Flip signs an instrument promising to pay $5,000 in gold to Growth Investments, Inc., on May 15. This instrument is
A. negotiable. B. nonnegotiable, because gold is not a medium of exchange authorized or adopted by a government as currency. C. nonnegotiable, because it does not recite any consideration. D. nonnegotiable, because it is for an amount of $500 or more.