Imposing regulations that gradually limit the exercise of ownership rights is referred to as:
a. gradual expropriation.
b. indirect expropriation.
c. creeping expropriation.
d. gradual nationalization.
c
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Corporations often sell, or exchange for goods and services, various call options on their shares. Which of the following is not true?
a. A call option gives the holder the right to acquire shares of common stock at a fixed or determinable price, called the strike price or exercise price. b. If the market price of the shares increases above the exercise price, the holder of the option can benefit by exercising the option to purchase shares. c. The excess of the exercise price over the market price is the option's intrinsic value. d. Many firms pay part of the compensation of some employees by issuing call options on their own shares referring to these arrangements as employee stock options (ESOs). e. Firms may also sell or exchange call options for goods and services with counterparties other than employees.
A prospective consumer who has never been sought before by a direct marketer can be classified as a _____
a. nonregular b. nonrespondent c. new trial d. new contact
In the case of an ordinary lease, if the lessor is a merchant, the risk of loss remains with the lessor even after the lessee receives the goods
Indicate whether the statement is true or false