What is a default swap and what is its use?
What will be an ideal response?
A default swap pays very small amounts and a large amount during default. They are used to protect bondholders against default by a bond issuer.
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The expenditure incurred for product-related advertising and promotion is an example of direct fixed costs
Indicate whether the statement is true or false
The cycle of service chart lists the dates on which the company is available to provide you with customer service
Indicate whether the statement is true or false.
James's employer published a picture of him on the company website without James's permission. James could sue the company for:
a. negligence b. invasion of privacy c. emotional distress d. battery e. assault
When plotted on a graph, if the lines representing the effects of two variables cross, you have _______.
a.An interaction effect b.No interaction effect c.Possibly an interaction effect d.An effect that cannot be determined