The National Industrial Recovery Act in 1933 contained a public works program to create jobs and a framework for establishing industry codes of ____________________.

A. Product standards
B. Collusion
C. Fair competition
D. Ethics


C. Fair competition

Business

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The value of a share of common equity should equal the present value of the _____________________________________________ the shareholders will receive

Fill in the blank(s) with correct word

Business

Which of the following documents initiates the purchasing of materials?

a. Job order cost sheet b. Receiving report c. Purchase requisition d. Purchase order

Business

Which item below is not related to risks associated with conditions of a security issuer?

A) Interest rate risk B) Management risk C) Business risk D) Financial risk

Business

Metro Finance Co. lends $100,000 to Joe Simms with a mortgage on his house as security. Simms defaults. Which of the following remedies, if any, does MetroFinance NOT have available to it?

A) sue on the covenant B) apply for sale of the property under judicial supervision C) apply for court order foreclosing Simm's interest in the property D) take possession of the property E) It can do any of the above.

Business