Why might U.S. investors continue to purchase Eurobonds, despite the fact that the U.S. corporate bond market is well developed?
What will be an ideal response?
The Eurobond market gives them access to bonds of firms that are not available in the U.S. market thereby providing valuable diversification of default risk. Recall that the Eurobond market is a highly liquid, unregulated, convenient market to issue bonds, which has lead to a wide array of available bonds from which investors can choose. Also, Eurobonds are not registered (ownership is anonymous), and it may therefore allow certain tax avoidance benefits to non-scrupulous investors.
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Which one of the following types of liabilities represents a duty not contractually present but which may nevertheless exist due to ethical principles of fairness?
a. Deferred credits b. Constructive obligations c. Equitable obligations d. Contingent liabilities
Long-term sales success must be centered around the needs of the ________.
Fill in the blank(s) with the appropriate word(s).
In Opperman v. Anderson the court found that the sold stock converted to cash was not an ademption, and allowed Anderson and Baker to have the two bank accounts
Indicate whether the statement is true or false
In an adverse impact case, if an employer can show that a challenged employment practice is job related and consistent with business necessity, the plaintiff can still win by showing that:
a. there is an alternative practice that would have less discriminatory effects, but the employer declines to use it b. the employer has engaged in a pattern or practice of discrimination c. the difference in selection rates across protected class groups is statistically significant d. the four-fifth's rule has been violated e. there is additional evidence of a discriminatory motive