Which of the following statements about listing on a stock exchange is most CORRECT?
A. Any firm can be listed on the NYSE as long as it pays the listing fee.
B. Listing provides a company with some "free" advertising, and it may enhance the firm's prestige and help it do more business.
C. Listing reduces the reporting requirements for firms, because listed firms file reports with the exchange rather than with the SEC.
D. The OTC is the second largest market for listed stock, and it is exceeded only by the NYSE.
E. Listing is a decision of more significance to a firm than going public.
Answer: B
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In a(n) _____ cost structure, the primary costs of a business come from customer acquisition and maintaining relationships with customers.
A. marketing B. retail space C. support center D. direct E. inventory
Mark Walton was involved in a car accident in which the airbag of his car failed to deploy. He sued the car manufacturer for installing faulty airbags
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Upon graduating from college, Kathy announced her plans to enter law school the following fall and to marry Rick in December. Kathy's father was afraid that marriage during her first year in law school might cause her to fall behind in her studies or cause her to drop out of school. He called Kathy and promised her $10,000 if she postponed her wedding until after completion of her first year of
law school. Kathy agreed and postponed the wedding for a year. Kathy successfully completed her first year of law school, but soon thereafter, Kathy's father died. The administrator of her father's estate claimed she was not entitled to the $10,000 because there was no consideration for her father's promise. If Kathy sues the estate, she will probably be a. unsuccessful because her father's death terminated the contract. b. successful, as there was consideration. c. unsuccessful because her father received no benefit. d. unsuccessful because it was merely fatherly advice not to get married during the first year of law school.