All of the following are advantages of Kidder’s ethical checkpoints EXCEPT:
A. is thorough
B. considers problem ownership
C. decisions do not always lead to action
D. encourages the search for creative solutions
C. decisions do not always lead to action
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A rise in the incomes of foreign consumers, everything else remaining unchanged, causes net exports to
A. decline. B. not change. C. rise. D. rise at first, then decline later.
The general rule that ambiguity in insurance contracts is construed against the insurer is reinforced by an important legal principle
This principle states the insured is entitled to coverage under a policy that he or she would assume the policy would provide, and exclusions must be conspicuous, plain, and clear. This principle is known as A) the principle of utmost good faith. B) the principle of reasonable expectations. C) the principle of subrogation. D) the principle of indemnity.
What is the name of the contract where corporations, institutional investors, and individuals are required to pay or to receive a specific amount of foreign currency at a specific exchange rate at a particular date in the future?
A) forward foreign exchange market B) forward currency contract C) forward rate contract D) future hedge contract
Checking accounts that earn interest (such as NOW accounts) were not available until ________
A) 1962 B) 1972 C) 1982 D) 1992