Which dimension of the Leader Behavior Description Questionnaire focuses on getting the job done?
a. controlling
b. coordinating
c. directing
d. structuring
d. structuring
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The doctrine of promissory estoppel is used when the requirements of ________ are not met
A) garnishment B) acceptance C) consideration D) restatement
According to the capital structure theory proposed by the Modigliani and Miller (MM), a firm's optimal capital structure is the mix of debt and equity that minimizes its weighted average cost of capital (WACC), which occurs when the firm is financed almost entirely with debt. MM argued that their conclusion is valid primarily because, in the real world, ______.
A. there are no flotation costs associated with issuing debt B. investors pay less personal income taxes on the interest they earn on their investments in bonds than they pay on the dividends they receive from corporations C. firms that issue large amounts of debt have much less probability of going bankrupt than firms that have little or no debt in their capital structures. D. the amount of debt a firm uses to finance its assets does not affect its market value E. interest paid on corporate debt is a tax-deductible expense to the firm, whereas dividends paid to stockholders are not.
William draws a check on City Bank payable to the order of Tara. Tara indorses it to Rebecca. Rebecca deposits it to her account in Town Bank. Town Bank properly presents it to City Bank, the drawee. City Bank dishonors it because William did not have enough funds on deposit to cover the check. In this case:
A) William is discharged from liability only if he fails to receive notice of dishonor. B) City Bank has until midnight of the following day to notify Town Bank, Rebecca, or Tara of the dishonor. C) if Town Bank received notice of dishonor on Monday, it would have until midnight on Wednesday to notify Tara or Rebecca. D) Rebecca has until midnight of the following day after receipt of notice of dishonor to notify Tara.
A documentary draft issued for the purchase of goods by ABC Co payable to XYZ Co, payable upon presentation, defines ABC Co as the _____, XYZ Co as the _____, and the specialized name for the documentary draft is _____ A) drawee; drawer; sight draft
B) drawer; drawee; sight draft. C) drawee; drawer; documents against acceptance. D) drawer; drawee; cash against documents.