Money laundering is:
a. hiding the truth about the origins of money b. embezzlement
c. hiding the truth about the amount of taxes paid d. hiding money in offshore tax havens
e. none of the other choices are correct
a
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Which of the following is true of price elasticity?
A) When the price elasticity equals 0, we have unitary elasticity where the percentage change in volume is equal to the percentage change in price. B) Price elasticity is almost always a negative number due to the inverse relationship between price and volume. C) Prestige products that can see an increase in demand when their prices are increased have negative price elasticity. D) Price elasticities between –1 and –10 are inelastic because the percentage change in volume is greater than the percentage change in price. E) Price elasticities between zero and -1 are considered elastic, as the percentage change in volume is less than the percentage change in price.
The most effective source for developing global leaders is ______.
A. acculturation B. international assignments C. culture shock D. cultural retooling
Debt financing is more risky for firms than preferred stock financing because
A. preferred dividend payments are legal obligations. B. interest payments are legal obligations. C. preferred stock must be retired. D. debt need not be refinanced.
What is the difference between a void and a voidable contract?
A) ?A voidable contract violates a statute whereas a void contract is enforceable B) ?A void contract cannot be enforced by either party and under voidable contracts, one party has a choice about enforcement. C) ?A void contract applies to minors' contracts and voidable applies to all others' contracts. D) A void contract is one that should have been in writing, but is not.