Debate continues among economists, political scientists, and legal scholars as to what role, if any, the government should play in the relationship between consumers and business organizations
Indicate whether the statement is true or false
TRUE
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Which of the following statements is CORRECT?
A. Other things held constant, a callable bond should have a lower yield to maturity than a noncallable bond. B. Once a firm declares bankruptcy, it must then be liquidated by the trustee, who uses the proceeds to pay bondholders, unpaid wages, taxes, and lawyer fees. C. Income bonds must pay interest only if the company earns the interest. Thus, these securities cannot bankrupt a company prior to their maturity, and this makes them safer to the issuing corporation than "regular" bonds. D. A firm with a sinking fund that gave it the choice of calling the required bonds at par or buying the bonds in the open market would generally choose the open market purchase if the coupon rate exceeded the going interest rate. E. One disadvantage of zero coupon bonds is that the issuing firm cannot realize any tax savings from the debt until the bonds mature.
Which sentence expresses numbers correctly?
A) We will need 30 forty-nine cent stamps to mail the thank-you notes. B) We will need thirty 49-cent stamps to mail the thank-you notes. C) We will need 30 49-cent stamps to mail the thank-you notes.
The ethical theory of intuitionism proposes that:
a. the power of an individual to assess the rightness or wrongness of decisions is as basic to human beings as the instinct for survival. b. market outcomes should be the basis for distributing goods. c. the "veil of ignorance" should be developed to consider the needs and rights of all society's members. d. society should stress equality of opportunity, not results.
Companies in Italy and Japan use less debt in their capital structures than companies in the United States and Canada.
Answer the following statement true (T) or false (F)