You notice that the interest rate on your credit card is set at LIBOR plus 8.9 percent. Given this, the rate you will pay is primarily influenced by the money market rates in which one of the following?
A. Lisbon, Portugal
B. Chicago, USA
C. New York, USA
D. London, England
E. Frankfort, Germany
Answer: D
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Which of the following laws has the purpose of protecting competition?
A. Clayton Act B. Prevention and Enforcement Act C. Unfair Practices Act D. Federal Trade Commission Act E. Fair Trade Act
Amforted is a company that provides various multinational corporations with housekeeping staff on contract basis. Each relationship manager is allotted one client to work with until the contract period is over. In the context of customer relationship management, Amforted most likely establishes _____ with its customers.
A. limited relationships B. partial partnerships C. full partnerships D. distinct relationships
Billie transferred her 20 percent interest to Jean Company as part of a complete liquidation of the company. In the exchange, she received land with a fair market value of $200,000. Billie's basis in the Jean stock was $100,000. The land had a basis to Jean Company of $400,000. What amount of loss does Jean recognize in the exchange and what is Billie's basis in the land she receives? Billie is not considered a related party to Jean Company.
A. $200,000 loss recognized by Jean and a basis in the land of $200,000 to Billie. B. No loss recognized by Jean and a basis in the land of $400,000 to Billie. C. $200,000 loss recognized by Jean and a basis in the land of $400,000 to Billie. D. No loss recognized by Jean and a basis in the land of $200,000 to Billie.
What weight should be given to environmental pollution control regulations that differ from location to location or from country to country in making facility location decisions?
What will be an ideal response?