A(n) __________ is an undertaking by one person, for consideration, to pay another person a sum of money in the event of a specified loss
A) absolute guaranty
B) indemnity contract
C) guaranty of payment
D) suretyship
B
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Companies can run the same marketing communications programs as used in the home market or change them for each local market, a process called ________
A) product communications B) market development C) dual adaptation D) diversification E) communication adaptation
A wrongful act can be both a crime and a tort
Indicate whether the statement is true or false
The risk-free rate is 6% and the market risk premium is 5%. Your $1 million portfolio consists of $700,000 invested in a stock that has a beta of 1.2 and $300,000 invested in a stock that has a beta of 0.8. Which of the following statements is CORRECT?
A. If the stock market is efficient, your portfolio's expected return should equal the expected return on the market, which is 11%. B. The required return on the market is 10%. C. The portfolio's required return is less than 11%. D. If the risk-free rate remains unchanged but the market risk premium increases by 2%, your portfolio's required return will increase by more than 2%. E. If the market risk premium remains unchanged but expected inflation increases by 2%, your portfolio's required return will increase by more than 2%.
Company goals describe where you want your business to be at some future date
Indicate whether the statement is true or false