A creditor who has loaned money to a business has a claim to some of the assets of the business until the debt is paid
Indicate whether the statement is true or false
TRUE
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Read the scenario about teams, and then answer the corresponding question. Five colleagues in human resources (HR) were tasked with reviewing options for employee benefits, researching less costly alternatives, and making recommendations to the HR director. This team has spent a month researching and reporting back. The group is finally in the last stages of preparing a recommendation report for
the director. The process went smoothly and worked well. In general, the team had a strong balance of expertise, which allowed each member to contribute equally and valuably. At the team's final review meeting, Joe stepped up to assign parts for the final proofread; Cherice made certain that everyone's ideas were heard; Lenny stepped in with a comment that eased tension when there were slight disagreements; Marsha kept minutes and compiled the final revisions; and Lance, as always, wanted to talk about the weekend. Consider the following team roles Team Roles Reporter: Prepares records and materials. Free rider: Doesn't do his or her share. Socializer: Pursues only the social aspect. Airhead: Prepares little or not at all. Harmonizer: Keeps tensions low. Facilitator: Makes certain that everyone is heard. Leader: Assumes a directive role. Detractor: Criticizes constantly. Determine which role best describes the team member. Team Member Team Role Marsha _________ A. Facilitator B. Harmonizer C. Leader D. Reporter E. Socializer Fill in the blank(s) with correct word
Harriett raises and sells hippos. In order to keep her hippos happy and healthy, she feeds them Hippo Chow, which she buys from the local pet store. Under the UCC, Harriett is
a. a merchant of both hippos and Hippo Chow. b. a merchant of hippos, but not of Hippo Chow. c. a merchant of Hippo Chow, but not of hippos. d. not a merchant of either hippos or Hippo Chow.
The select time is the average observed time based only on representative times
Indicate whether the statement is true or false
Which of the following statements is not true of secondary markets?
A) After securities are sold to the public, they are traded in the secondary market between investors. B) The secondary market prices are continually changing as investors buy and sell securities. C) The sale of securities is made in the secondary market by way of a new issue. D) In the secondary market, financial managers are given feedback about their firm's performance.