If a loan is cosigned and the borrower defaults, the lender has the right to sue the cosigner or try to seize the cosigner's assets just as if that person were the borrower
Indicate whether the statement is true or false.
Answer: TRUE
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U.S. GAAP and IFRS require firms to classify derivatives as
a. fair value hedges, only. b. cash flow hedges, only. c. not a hedging instrument, only. d. fair value hedges or cash flow hedges, only. e. fair value hedges, cash flow hedges, or not a hedging instrument.
The problem of serious culture shock can be mitigated, though, through cross-cultural training ______ the assignment begins.
A. 2 months after B. 6 months after C. once D. before
Just cause discipline, seniority, compensation, and due process are examples of ______________________ rights.
Fill in the blank(s) with the appropriate word(s).
Herbert, a finance analyst at a company, is asked to deliver a presentation to all employees of the company on the procedure involved in filing tax returns. He ensures to keep the language simple and does not use any financial jargon during the presentation. Instead, he uses commonly known terms to convey the message. Which of the following communication guidelines is Herbert following in the given scenario?
A. Avoid bias B. Analyze one's audience C. Avoid the use of slang D. Be concise