Because of the active secondary market for bonds, one risk that a corporate bond is less likely to expose you to is

A) liquidity risk.
B) credit risk.
C) default risk.
D) interest rate risk.


Answer: A

Business

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The owner of a grocery store wants to have non-food items delivered, priced, displayed, and inventoried by a wholesaler. Which type of wholesaler best fits the owner's needs?

A) drop shipper B) cash-and-carry wholesaler C) truck jobber D) rack jobber E) mail-order wholesaler

Business

If output increases by 50% and is still within the relevant range

A) total fixed costs will increase by 50% B) per-unit fixed cost will remain the same C) total variable costs will increase by 50% D) net income will increase by 50%

Business

Expectation interest can best be described as money spent in reliance upon the agreement

a. True b. False Indicate whether the statement is true or false

Business

In the context of business communication, one should:

A. use words such as "his" and "him" when one does not know the gender of the addressee. B. create accountability by using passive voice.  C. not use slang in either written or verbal communication. D. not use active voice to emphasize key points.

Business