Which of the following statements about the money markets are true?
A) Not all commercial banks deal for their customers in the secondary market.
B) Money markets are used extensively by businesses both to warehouse surplus funds and to raise short-term funds.
C) The single most influential participant in the U.S. money market is the U.S. Treasury Department.
D) All of the above are true.
E) Only A and B of the above are true.
E
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Ethical organizations have responsibilities to society. They are economic, legal, ethical, and philanthropic. Describe what is meant by each type and give details of a real example in your community.
What will be an ideal response?
An insurance broker is the agent of the insurance company
Indicate whether the statement is true or false
Anna has a contract to perform accounting services for Intercend Corporation. She breaches her contract in a nonmaterial way. Which of the following is correct with respect to Anna's liability?
a. Anna is not entitled to any compensation for her services. b. Anna does not have liability to third party intended beneficiaries. c. Anna is entitled to the contractually agreed upon fee less any damages or loss her breach has caused her clients. d. Anna will get full compensation only after she corrects the breach.
What is a price-driven trading system?
What will be an ideal response?