Which of the following ways is NOT a way to create an easement?
a. The landowner agrees to it orally.
b. It is necessary for access to the land.
c. It is taken by using the land openly in a period of years.
d. All of these.
a
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You are planning to buy a stock, the risk on which is dependent on two factors: (1) the change over the last year in the inflation rate and (2) the spread between ten-year Treasury bonds and three-month Treasury bills. Suppose the average risk-free interest rate is 1 percent. The beta coefficients of the stock associated with the change in inflation rate and spread between ten-year Treasury bonds and three-month Treasury bills are -2 and 5 respectively. If you expect the inflation rate to rise 1 percentage point and you think the spread will be 3 percentage points. What is the expected return to this stock? Use the arbitrage-pricing theory.
A. 11 percent B. 12 percent C. 14 percent D. 18 percent
All of the following are advantages of a partitioned database except
a. increased user control by having the data stored locally b. deadlocks are eliminated c. transaction processing response time is improved d. partitioning can reduce losses in case of disaster
A company's manager estimates that in the upcoming year, increasing advertising costs by $25,000 will cause sales revenue to increase by $60,000. If the company's contribution margin ratio is 35%, what will be overall effect on net operating income?
A) Net operating income will increase by $12,250. B) Net operating income will increase by $29,750. C) Net operating income will increase by $35,000. D) Net operating income will decrease by $4,000.
The attorney-client privilege can be raised ________.
A. only by the defendant B. only by the attorney C. by either the defendant or the attorney D. only jointly by both the defendant and the attorney