As a firm increases its level of debt relative to its level of equity, the firm is ________
A) increasing the fraction of its equity
B) decreasing the fraction of its debt
C) decreasing its leverage
D) increasing its leverage
Answer: D
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A group of independent retailers that bands together to set up a jointly owned, central wholesale operation and conduct joint merchandising and promotion efforts is referred to as a ________
A) factory outlet mall B) retailer cooperative C) corporate chain D) warehouse club E) voluntary chain
Which of the following statements is FALSE? With a consumer proposal
A) court approval is not required for the proposal to be accepted B) a landlord cannot terminate their lease while it is in effect C) the utilities companies cannot cut off the person's services while it is in effect D) creditors cannot use an acceleration clause to demand full payments now while it is in effect E) a meeting with all creditors must occur and two-thirds must agree for the proposal to be accepted
The key element in disparate treatment is discriminatory intent. In this context, that means that:
a. the decision-maker made the decision with intent to harm b. the decision-maker made the decision with intent to break the law c. the decision-maker made the decision in whole or in part based on the protected class characteristic of the employee d. none of these
Child support is
A. an item which does not affect the payor's or the payee's tax reporting. B. deductible by both the payor and the payee. C. deductible by the payor and included in income by the payee. D. included in income by the payor and deducted by the payee.