An appellate court reversal requires a unanimous vote by the reviewing judges
Indicate whether the statement is true or false
False
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Managers frequently cite which of the following reason(s) for using off-balance sheet financing?
a. Some managers believe that it might lower the cost of borrowing. b. Lower borrowing costs might result if lenders ignore off-balance-sheet financing. c. Lower borrowing costs might result if lenders are unaware of off-balance sheet financing: because borrowers do not disclose it. d. Off-balance-sheet financing might lead lenders to set interest rates for loans lower than the underlying risk levels warrant. e. all of the above
______ set members include colleagues, superiors, and subordinates, as well as staff departments, internal and external consultants, and sometimes even friends and family members.
A. Economic B. Role C. Political D. Technical
Ethel's Exercise World plans to order three weight machines from Pete's Push, Pedal and Pull, Inc for a total of $15,000 . Pete's demands that Ethel's friend, Moneybags, a wealthy independent businesswoman (not connected with Ethel's business in any way) promise to pay Pete's for the three machines if Ethel's Exercise World does not. Which of the promises in this problem must be in writing to be
enforceable? a. The promise made by Ethel's Exercise World to buy the weight machines. b. Moneybag's promise to pay if Ethel's Exercise World doesn't. c. Both Moneybag's promise and Ethel's Exercise World's promise. d. None of the promises in this problem need to be in writing.
Under the laws of most states, a corporation cannot be held responsible for committing crimes
Indicate whether the statement is true or false