Rank the order of returns from highest to lowest for the following classes of U.S. securities for the time period 1926 - 2011
A) large stocks, small stocks, 30-year Treasury bonds, and 90-day T-bills
B) small stocks, large stocks, 30-year Treasury bonds, and 90-day T-bills
C) 30-year Treasury bonds, large stocks, small stocks, 90-day T-bills
D) 90 -day T-bills, large stocks, 30-year Treasury bonds, small stocks
B
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Possession of collateral by ________ is often the best way to perfect a security interest in chattel paper and negotiable documents of title.
A. the court B. the creditor C. a third secure party D. the debtor
Past transactions that will result in liabilities if certain events occur in the future are known as ________ liabilities
a. long-term b. contingent c. other d. future
If a partner decides to start a new business, this must be approved by
a. a two-thirds vote of the partners. b. a unanimous vote of the partners. c. the county in which the partnership is located. d. the stockholders.
Nico invested an amount a year ago and calculated his return on investment. He found that his purchasing power had increased by 15 percent as a result of his investment. If inflation during the year was 4 percent, then Nico's ________
A) real return on investment is more than 15 percent B) nominal return on investment is more than 15 percent C) nominal return on investment is less than 11 percent D) real return on investment is equal to 4 percent