______ leaders promote stability rather than change and are described as task and reward oriented, structured, and passive.

a. Charismatic
b. Servant
c. Transactional
d. Visionary


c. Transactional

Business

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When two proprietors decide to combine their businesses, generally accepted accounting principles usually require that noncash assets be taken over at their

a. historical cost value as of the date of formation; b. fair market value as of the date of formation; c. book value as of the date of formation; d. residual value as of the date of formation; e. salvage value

Business

Arbitrage functions to

A. provide French markets access to other EU markets. B. create wealth through interest rate swaps. C. exploit price differences between markets, so as to profit with no risk. D. create increased trading in commodity markets.

Business

An assertive communicator reacts to criticism by counter-attacking, feeling anxious, denying, or feeling inadequate

Indicate whether the statement is true or false

Business

Market timing

A) takes advantage of time differences between the east and west coasts of the United States. B) takes advantage of arbitrage opportunities in foreign stocks. C) takes advantage of the time lag between the receipt and execution of orders. D) is discouraged by the stiff fees mutual funds charge every investor for buying and then selling shares on the same day.

Business