Which of the following is not a citation to a primary authority?

A. Sec. 1245
B. M-5800 Activities Not Engaged in for Profit - Hobby Losses
C. Lengsfield v. Comm., 50 AFTR 1683 (CA-5, 1957)
D. Rev. Proc. 2002-32, 2002-1 C.B. 959


Answer: B

Business

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The primary role of team leaders is to set goals and make decisions regarding how to implement them.

a. true b. false

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Which person argued that a corporate manager's primary responsibility is to the shareholders of the organization and that managers should make the company as profitable as possible while also complying with the law?

A) John Rawls B) John Stuart Mill C) Immanuel Kant D) Milton Friedman

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Suppose 6 months ago a Swiss investor bought a 6-month U.S. Treasury bill at a price of $9,708.74, with a maturity value of $10,000. The exchange rate at that time was 1.420 Swiss francs per dollar. Today, at maturity, the exchange rate is 1.324 Swiss francs per dollar. What is the annualized rate of return to the Swiss investor?

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