Other things held constant, the value of an option depends on the stock's price, the risk-free rate, and the
A. Variability of the stock price.
B. Option's time to maturity.
C. Strike price.
D. All of the above.
E. None of the above.
Answer: D
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If all of the following are provided for by a lease contract, which one is not included in minimum lease payments for the lessee?
A) ?payments resulting from failure to renew the lease B) ?unguaranteed residual value C) ?bargain purchase price D) ?guaranteed residual value
A(n) ________ is an agreement entered into by the creditor and the debtor whereby the debtor agrees to pay the creditor for a debt that is dischargeable in bankruptcy
A) reaffirmation agreement B) order for relief C) discharge agreement D) acceptance agreement
A principal's ratification of an agent's unauthorized act must be express
Indicate whether the statement is true or false
Mike is the chair of the management department at a local university and Tom is an ethics professor in that department. They dislike each other immensely due to a number of professional and social disagreements. Mike calls Tom into his office and closes the door. He then informs Tom that he believes that Tom is guilty of plagiarism and also guilty of an improper sexual relationship with Kathy, a
19 year old management student. In fact, Tom is a happily married man who is extremely well respected in the community and has never committed adultery. Deeply believing in ethics, he has never committed plagiarism in his life. Furthermore, he has always been absolutely professional with regard to his student Kathy. Tom vehemently denies these charges and as he gets up to leave, Mike states, "Give me any more trouble and I go public.". Tom goes right to his attorney who files a defamation law suit that afternoon. a. Tom will win because the statements are both lies, challenging his integrity and character b. Tom will win because his reputation has been damaged c. Mike will win because as chair, he has a qualified privilege to make these types of statements d. Mike will win because the statements were not published