An equity security ________
A) represents a credit relationship with another company or governmental entity
B) is a standardized contract between two parties to acquire various forms of investments
C) represents stock ownership in another company and sometimes pays dividends
D) is a financial instrument that entitles the holder to receive periodic interest
C
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Why do many firms no longer use a general journal? What has taken its place?
Answer the following statements true (T) or false (F)
1. Meetings should occur in the meeting leader’s office. 2. When the size of the meeting becomes larger than 10 members, a V-shaped seating arrangement is preferred. 3. Social network analysis (SNA) is a tool that managers use to evaluate project team members’ proposed solutions to a problem. 4. Studies have shown that brainstorming increases the production of new ideas.
Pure Oil Company enters into a contract with QuikBilt, Inc., to construct an offshore oil pipeline to withstand specific conditions. If QuikBilt fails to meet this standard, which is construed as a breach of contract and a breach of a duty of care, Pure might be awarded punitive damages to
A. establish, as a matter of principle, that QuikBilt acted wrongfully. B. provide Pure with funds for a foreseeable loss beyond the contract. C. provide Pure with funds for its loss of the bargain. D. punish QuikBilt and deter others from similar acts.
Which of the following is not an advantage of written and implied policies? a. Policies are a means for executive management to communicate its leadership and views
b. Policies provide a framework for consistent decision making and action. c. Policies are very easy to communicate throughout an organization. d. Policies help ensure that personnel act in a manner consistent with executive or functional management's expectations. e. High level policy statements provide guidance that to employees at all levels.