Identify a true statement about government securities.
A. They normallypay their holders a stated rate of interest until they mature.
B. Interest income earned on municipal bonds is subject to federal income taxes.
C. State and local governments are the sole issuers of government securities.
D. They are IOUs issued by government entities when they sell stocks of public corporations to private firms.
Answer: A
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A. the sale does not affect the mortgagee's interest in the property B. the mortgagee will lose all claims against the mortgagor C. they have acted illegally D. the mortgagee will lose his or her interest in the property
The part of marketing that relies heavily on interpersonal communication and interaction between buyers and sellers is called
a. Advertising b. Sales promotion if c. Direct marketing d. Consumer behavior e. Personal selling
This transportation mode is often the most expensive on a per pound basis
A) air B) rail C) water D) highway
The mandate of the federal Food and Drug Administration is
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