Your current liquidity ratio is 2.0. If you take money out of your savings account to pay off a credit card your liquidity ratio will
A) increase.
B) decrease.
C) stay the same.
D) More information is needed to determine what effect this action will have.
Answer: A
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Which of the following is a difference between arbitration and minitrials?
A) The disputants are not represented by legal counsel in a minitrial, unlike in arbitration. B) The parties are more likely to be involved in direct communication during arbitration than in minitrials. C) The neutral party in arbitration is appointed by a court, but they are selected by the disputants in a minitrial. D) The neutral adviser in minitrials provides an opinion on the case, whereas the arbitrator delivers a binding decision.
A court of appeals hears all of the same evidence that the trial court heard.
Answer the following statement true (T) or false (F)
Only outsiders who would ordinarily be deemed fiduciaries of the corporations in whose stock they trade can be liable for insider trading
a. True b. False Indicate whether the statement is true or false
To be negotiable, an instrument cannot be portable
Indicate whether the statement is true or false