Several large banks manipulated the reported rates on which key money market rate?
A. federal funds rate
B. LIBOR
C. bankers’ acceptances
D. brokers’ calls rate
B. LIBOR
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Executives at Breakers Engineering want to let middle managers know that the company is going to be acquired by its largest competitor. Assuming the following paths of communication are possible, how should executives communicate this information?
A. Send a note to all managers. B. Post a notice on all bulletin boards. C. Hold a face-to-face meeting. D. Send an e-mail to all managers. E. Schedule a conference phone call.
A bailment of real property is possible.
Answer the following statement true (T) or false (F)
The property and liability insurance industry fluctuates between periods of increasing insurance rates and tight underwriting standards,
and decreasing insurance rates and loose underwriting standards. Profitability in the industry follows these cyclical movements. What is this pattern of fluctuations called? A) the claims cycle B) the underwriting cycle C) the business cycle D) the accounting cycle
Which of the following is not a contentious case of injury or illness covered under workers compensation?? A) ?Injuries resulting from faulty design of the machinery used in the production floor
B) ?An employee killed by a stranger when the employee is on a vacation. C) ?Injuries occurring when the employee is "on the road," especially if the trip began from the employee's home. D) ?Chronic illnesses such as lung disease, especially if contributing factors include workplace hazards (e.g., dust) in combination with personal behavior (e.g., smoking).