The longer the time to maturity, the less sensitive a bond's price will be to changes in interest rates
Indicate whether the statement is true or false.
Answer: FALSE
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Under the fair value method, if an executive does not exercise a stock option and it is allowed to lapse, the account - Paid-in Capital Share Options - is debited. What account is credited?
A) Additional Paid-In Capital from Expired Share Options B) Compensation Expense C) Gain from Expired Share Options D) Deferred Compensation
Roland and Kelly were involved in a car accident in which Kelly was badly injured and had to be hospitalized. After the accident was investigated, it was determined that Roland's negligence was the cause of the accident. He was charged with reckless driving, a crime. In criminal proceedings, what course of action should Roland take to prevent Kelly from using evidence of his guilt against him in a subsequent civil trial seeking recovery for her injuries and hospital bills?
A. plead not guilty and go to trial B. enter into a plea of nolo contendere C. plead guilty and serve the punishment established by the government D. enter into a plea bargain with the government, admitting guilt but receiving less punishment in return for the plea
In September, OSHA issued six serious citations to a woodworking company for exposing employees to hazards from paint and lacquer vapors and for improperly stored flammable materials. Proposed penalties were $7,250. In December, OSHA proposed additional penalties of $27,800 because the company did not provide timely documentation that the issues had been corrected and a follow-up inspection found three uncorrected hazards, three hazards that had been allowed to reoccur, and a new hazard. The December proposed penalty is for which type of violation?
A. Willful B. Failure to abate C. Other than serious D. Repeated E. Conscious violation
Substantive administrative laws enforced by administrative agencies are akin to statutes in their legality
Indicate whether the statement is true or false