Which of the following is an advantage of the corporate form of business?
A) less degree of government regulation
B) limited liability of stockholders
C) separation of ownership and management
D) low start-up costs
B) limited liability of stockholders
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Cash outflows from investing activities would include payments for all of the following except
a. operational assets. b. investments in securities-available-for-sale. c. purchase of treasury stock. d. loans to customers.
Which of the following is not considered a critical infrastructure under the new
exemption to the FOIA after the attacks on the United States of September 11, 2001? a. Education b. Banking c. Health care d. Communications
In the early 1900s, banks did not offer loans to purchase automobiles. This is because
A) banks could not make a profit on car loans. B) only finance companies were permitted to offer car loans. C) banks could not repossess a car if the loan defaulted. D) banks did not view a car as a productive asset.
For what range of losses is the equity tranche of iTraxx (or CDX NA IG) responsible?
A. 0 to 10% B. 0 to 7% C. 0 to 6% D. 0 to 3%