Junk bonds are high-risk, high-return equity securities that were used primarily to finance takeover attempts
Indicate whether the statement is true or false
FALSE
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Sears opened up department stores in Mexico and Spain, where it found qualified local manufacturers to produce many of the product it sells. This type of joint venture is known as ________
A) joint ownership B) licensing C) management contracting D) indirect exporting E) contract manufacturing
The questionnaire has an advantage over other methods of collecting primary data because
A) the anonymity of a questionnaire reduces the validity of some responses. B) obtaining a representative sample over a large geographical area can be expensive. C) the target audience has widely differing interests and education. D) respondents note their answers at the most convenient time for researchers. E) no interviewer is present to possibly bias the results.
Jeff was a subcontractor, bidding on a contract for ACE Corp, the general contractor. When adding up the total of materials and labor, Jeff's secretary mistakenly moved the decimal point one place, ending up with a bid of $3500 rather than $35,000 . ACE Corp accepted Jeff's bid, mostly because all the other bids were over $30,000 . When Jeff learned of the mistake, he tells ACE Corp that he
cannot do the job for $3500 . If ACE Corp sues to enforce this contract, what is the most likely result? a. The contract is enforceable, since there was an offer, acceptance, and consideration. b. This is a bilateral mistake, so the contract can be rescinded by either party. c. This is a unilateral mistake, so the contract cannot be rescinded by Jeff. d. This is a unilateral mistake, but one where ACE Corp. knew that a mistake had been made. Jeff should be able to rescind the contract.
Debt consolidation loans can be a very good thing for some people but they can also be dangerous to some. Explain the benefits and dangers of a debt consolidation loan
What will be an ideal response?