More Americans are investing in the stock market through online trading. Explain the value of online trading
What will be an ideal response?
Answer: The popularity of online trading stems from convenient access to the Internet, fast no-nonsense transactions, and the opportunity for investors to manage their own investments while paying low fees for trading. Online investors buy into and sell out of the stocks of thousands of companies daily. Consequently, keeping track of who owns what at any given time has become a monumental burden. Relief has come from book-entry ownership. Historically, shares of stock have been issued as physical paper certificates. Now they are simply recorded in the companies' books, thereby eliminating the costs of storing, exchanging, and replacing certificates.
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Employees might feel they are being underpaid for what they do, even if pay and benefits are superior to the competition. Here, managers must change
A. the tone of the debate. B. attitudes. C. tendencies toward greed. D. perceptions. E. the facts.
At the beginning of a presentation, a salesperson asks a catalog retailer, "What type of inventory management software would you like your company to use?" The salesperson is more than likely using the ________ sales presentation method.
A. persuasive selling B. stimulus-response C. problem-solution D. participative E. need-satisfaction
Chris sold Valerie a home containing a wood stove which could not be removed from the home without causing substantial damage. Shortly after the sale, Valerie sustained significant smoke damage due to a malfunction of the stove. She told Chris that she was going to sue him under the UCC. Chris told her that was not possible. Which of the following is true?
a. Chris is correct because the stove would likely be a fixture not covered by the UCC. b. Valerie is correct because the stove would likely be a fixture covered by the UCC. c. Valerie is correct because the stove would not be considered a fixture and would, therefore, be covered by the UCC. d. Valerie is correct because the sale of the home would be covered under the UCC along with anything else sold with the home.
Emergency room costs would be covered by
a. major medical insurance. b. medical insurance. c. hospital insurance. d. surgical insurance.