Roundwell Motors purchases a manufacturing plant for $15 million, pays $5 million in cash as down payment, and borrows the remaining $10 million from Home Providence Bank
To secure the loan, Roundwell gives the plant as collateral to Home Providence Bank. What kind of collateral arrangement is in place between Roundwell Motors and Home Providence Bank?
A) a mortgage
B) a garnishment
C) a land sales contract
D) an accommodation
A
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Channels of communications that follow the chain of command and are considered as official are _____ communication channels.
A. prescribed B. formal C. vertical D. horizontal E. external
In a negatively skewed distribution, the mean is smaller than the median and the median is smaller than the mode
Indicate whether the statement is true or false
Stock S is expected to return 12 percent in a boom and 6 percent in a normal economy. Stock T is expected to return 20 percent in a boom and 4 percent in a normal economy. There is a probability of 40 percent that the economy will boom; otherwise, it will be normal. What is the portfolio variance if 30 percent of the portfolio is invested in Stock S and 70 percent is invested in Stock T?
A) .002220 B) .004056 C) .006224 D) .008080 E) .098000
______________________________looks for malware such as ransomware and spyware.
Fill in the blank(s) with the appropriate word(s).