Sam, the chief executive officer of Boch Industries, was prosecuted for violating the Resource Conservation and Recovery Act. Which of the following is correct concerning the penalties?
A) Sam cannot be criminally prosecuted for violating this statue.
B) Sam faces criminal fines as well as imprisonment.
C) Sam faces only criminal fines.
D) The only remedy Sam faces is an injunction to prevent further violations.
B
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The risk assessment form contains all of the following EXCEPT
A. Likelihood of the risk event occurring. B. Who will detect the occurrence of the risk event. C. When the risk event may occur. D. Difficulty of detecting the occurrence of the risk event. E. Potential impact of the risk event.
Stebbins transferred a promissory note to Hall when the note was past due. Hall knew that the note was past due. This transfer
a. did not make Hall a holder in due course. b. relieved the maker from liability. c. limited the maker's liability. d. gave Hall better title than Stebbins held.
Which of the following is true of efficient-market hypothesis?
A) Securities are typically in disequilibrium, meaning they are fairly priced and their expected returns are more than their required returns. B) Insider trading scandals have proven that stocks are not fully and fairly priced; as a result, it would be worthwhile for investors should spend time searching for mispriced (over- or under-valued) stocks. C) At any point in time, security prices fully reflect all internal information available about the firm and its securities, and these prices are insensitive to new information. D) Since stocks are fully and fairly priced, it follows that investors should not waste their time trying to find and capitalize on miss-priced (undervalued or overvalued) securities.
Describe outsourcing and give two reasons why its use has increased