In which of the following cases is an asset NOT considered constructively sold?
A. The owner shorts the asset
B. The owner buys an in-the-money put option on the asset
C. The owner shorts a forward contract on the asset
D. The owner shorts a futures contract on the stock
B
Profits on the asset have to be recognized in A, C, and D. The holder of the asset cannot defer recognition of profits with the trades indicated. In the case of B the asset is not considered constructively sold. Buying a deep-in-the-money put option is a way of almost certainly locking in a profit on an asset without triggering an immediate tax liability.
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Which of the following statements describes the benefits of a pull strategy?
A. It forecasts the competitor's demand. B. It decreases inventory turnover. C. It allows more efficient production and distribution scheduling to increase costs. D. There is less likelihood of being overstocked or out of stock at each store. E. It does not require advanced systems for implementation.
An in-basket exercise is typically designed to measure ________.
A. conflict resolution skills B. psychomotor skills C. emotional intelligence D. administrative skills
Stephen started a new company that offers house-cleaning services. He decided to reach out to homeowners in his neighborhood to promote his services. Which selling approach will most likely be used by Stephen?
A. Customized B. Account segmentation C. Specific D. Unstructured E. Undifferentiated
________ describes technical or specialized terms used within a particular field such as insurance, law, or medicine
Fill in the blank(s) with correct word