________ is not legally required, and, because of unemployment compensation, many firms do not offer it.
A. Short-term disability
B. Retirement pay
C. Severance pay
D. Cost shifting
Answer: C
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The purpose of the purchase requisition is to
a. order goods from vendors b. record receipt of goods from vendors c. authorize the purchasing department to order goods d. bill for goods delivered
Which of the following statements is CORRECT?
A. If a 10-year, $1,000 par, 10% coupon bond were issued at par, and if interest rates then dropped to the point where rd = YTM = 5%, we could be sure that the bond would sell at a premium above its $1,000 par value. B. Other things held constant, a corporation would rather issue noncallable bonds than callable bonds. C. Other things held constant, a callable bond would have a lower required rate of return than a noncallable bond. D. Reinvestment rate risk is worse from an investor's standpoint than interest rate price risk if the investor has a short investment time horizon. E. If a 10-year, $1,000 par, zero coupon bond were issued at a price that gave investors a 10% yield to maturity, and if interest rates then dropped to the point where rd = YTM = 5%, the bond would sell at a premium over its $1,000 par value.
Most people will respond to the ______ meaning, not the ______ meaning.
a. connotative; denotative b. denotative; connotative c. logical; emotional d. emotional; logical
A 16-year-old goes to a used car dealership and pays $2,000 cash to buy a car off the lot
a. assuming no fraud by the dealer, and that the car is really worth about $2,000, the contract is valid b. the dealer realizes that the car is worth more than $2,000, so he can void the contract and insist on the car back c. the 16-year-old can bring the car back the next day and demand his money back (less damages) because the contract is voidable d. the parents of the 16-year-old cannot try to get the money back for the car because parents are responsible for providing their children with necessities e. none of the other choices