In the context of personal investing, which of the following statements is true of discount brokers?
A. They provide the basic services needed to buy and sell securities.
B. They are solely involved in buying and selling foreign securities.
C. They charge higher commissions than full-service brokers.
D. They charge inactivity fees if investors do not place enough orders.
Answer: A
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Which statement concerning marketing research in retailing is not correct?
a. The use of intuition is an example of the use of marketing research in retailing. b. Marketing research reduces a retailer's risk. c. Marketing research should be a continuous process. d. Marketing research can involve such facets of a retailer's strategy as pricing, location, and store image.
A tie decision by the U.S. Supreme Court sets a precedent for later cases
Indicate whether the statement is true or false
Andrew Durham was injured in a job-related accident that resulted in a workers' compensation settlement agreement with the employer's insurance carrier, Traveler's Indemnity Company. The settlement agreement required Traveler's to pay Durham $2500 per
month for the rest of his life. To finance its obligation, Traveler's purchased an annuity in its name. The settlement agreement required Traveler's approval or written consent prior to an assignment of the annuity payments. Durham later decided to open a business and went to a credit union for a $214,000 loan. The credit union loaned the money, taking a security interest in Durham's monthly annuity payments. Traveler's consent was never secured. Discuss the conditions in which a right may not be assigned and assess if this was this a valid assignment.
When the variance of a probability distribution is $360,000, the standard deviation equals:
A) $600 B) $3,600 C) $180,000 D) $12,000