The primary function of investment banks is
A) the bundling of deposits into loans.
B) extending long-term credit to other financial institutions.
C) helping corporations raise funds.
D) providing credit to firms engaged in international trade.
C
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Which of the following would appear on the balance sheet as a current liability?
a. A loss from an anticipated strike by employees. b. Potential damages from possible explosions in a fireworks factory. c. Premium offers in cereal boxes. d. The possible loss from a lawsuit.
The two parts of a corporation's stockholders' equity section are contributed capital and retained earnings
Indicate whether the statement is true or false
An airline hired new flight attendants when current attendants went on strike when the collective bargaining agreement ended. When the strike was over, the airline only called back a few of the attendants who had been on strike. The union claimed the striking attendants had to be rehired with seniority and the new flight attendants fired. About the replacement workers, you would expect the court
held the union was: a. wrong; the airline had acted within its rights b. right only with respect to union members who worked during the strike?they had to be replaced with unionmembers who had been on strike c. right only with respect to non-union workers hired during the strike?they had to be replaced with unionmembers according to seniority d. right that both non-union workers hired and union members who had crossed the picket line had to be fired in favor of senior attendants who had been on strike e. none of the other choices
Leona, a research scientist, has been asked to lead a product development team for a period of six months. The members of the team are highly knowledgeable and experienced in their respective fields. They are also extremely sought out in the industry for their skills. Yet, they would work for a company only when they feel they can learn more from the experience. In this scenario, which of the following power bases should Leona primarily use to effectively lead and manage the team?
A. Reward power B. Expert power C. Coercive power D. Legitimate power