Someone who does not have a fiduciary duty to the shareholders of a company and uses inside information to make a profit with company stocks:

a. is probably guilty of insider trading
b. is probably not guilty of insider trading
c. can only be guilty of insider trading if he shares the information with others d. is guilty of insider trading if he makes more than $50,000 in profits
e. none of the other choices are correct


b

Business

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Locking petty cash in a safe is an example of __________________________

Fill in the blank(s) with correct word

Business

Bond A has a 9% annual coupon, while Bond B has a 7% annual coupon. Both bonds have the same maturity, a face value of $1,000, and an 8% yield to maturity. Which of the following statements is CORRECT?

A. Bond A trades at a discount, whereas Bond B trades at a premium. B. If the yield to maturity for both bonds remains at 8%, Bond A's price one year from now will be higher than it is today, but Bond B's price one year from now will be lower than it is today. C. If the yield to maturity for both bonds immediately decreases to 6%, Bond A's bond will have a larger percentage increase in value. D. Bond A's current yield is greater than that of Bond B. E. Bond A's capital gains yield is greater than Bond B's capital gains yield.

Business

A(n) ________ is the variable amount in a salesperson's compensation

A) bonus B) commission C) salary D) incentive E) profit-sharing plan

Business

Which of the following is a guiding principle used in establishing a sales routing and scheduling plan?

A) Develop a routing plan that gives equal attention to each customer. B) If your territory is quite large, consider organizing it into two smaller zones. C) Develop a schedule that best accommodates your personal and professional needs. D) Avoid scheduling tentative calls, which may be distracting and costly. E) Ask for assistance from other salespeople if you cannot complete your route.

Business