With a(n) __________ guaranty, subsidiaries guarantee, or pledge their assets as security for, the parent's debt
a. downstream
b. upstream
c. leveraged
d. subordination
b
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To act contrary to a partnership agreement, ________.
A. approval of senior partners is required B. vote of the majority prevails C. unanimous agreement is required D. implied authority by RUPA is provided
An application of data mining is _____
a. cost containment b. micromarketing c. value-based retailing d. data-base management
The entries that transfer the revenue, expense, and dividends balances to the Retained Earnings account to prepare the company's books for the next period are called ________
A) closing entries B) opening entries C) adjusting entries D) temporary accounts
E-Jurisdiction. American Business Financial Services, Inc (ABFI), a Pennsylvania firm, sells and services loans to businesses and consumers. First Union National Bank, with its principal place of business in North Carolina, provides banking services
Alan Boyer, an employee of First Union, lives in North Carolina and has never been to Pennsylvania. In the course of his employment, Boyer learned that the bank was going to extend a $150 million line of credit to ABFI. Boyer then attempted to manipulate the stock price of ABFI for personal gain by sending disparaging e-mails to ABFI's independent auditors in Pennsylvania. Boyer also posted negative statements about ABFI and its management on a Yahoo bulletin board. ABFI filed a suit in a Pennsylvania state court against Boyer, First Union, and others, alleging wrongful interference with a contractual relationship, among other things. Boyer filed a motion to dismiss the complaint for lack of personal jurisdiction. Could the court exercise jurisdiction over Boyer? Explain.