In Griggs v. Duke Power, the Supreme Court established the principle that

A. educational selection requirements are illegal.
B. discrimination occurs only if the employer intends to discriminate.
C. selection tools must be related to job success.
D. employment tests are illegal.


Answer: C

Business

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A. Conversion B. Libel C. False imprisonment D. Invasion of privacy

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Convertible preferred stock has both the attributes of _______ and _____________________________________

Fill in the blank(s) with correct word

Business

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Indicate whether the statement is true or false

Business

Patrick Company expects to generate free-cash of $120,000 per year forever

If the firm's required return is 12 percent, the market value of debt is $300,000, the market value of preferred stock is $70,000, and the company has 100,000 shares of stock outstanding. What is the value of Patrick's stock? A) $6.30 B) $10.00 C) $7.00 D) $9.70

Business