Most publicly traded firms operate as corporations. Which of the following is/are not true?
a. The corporate form facilitates the transfer of ownership interests because owners can sell their shares without affecting the ongoing operations of the firm.
b. The transfer of ownership interests is a transaction between shareholders and does not involve the firm whose shares change hands.
c. Investors make capital contributions under a contract between themselves and the corporation.
d. The corporation has legal status separate from its owners.
e. none of the above
E
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When the market rate of interest is greater than the contract rate of interest, the bonds should sell at
A) a premium. B) par value. C) a discount. D) face value.
Which of the following elements of a report contains information that would interrupt the flow of the report but that readers may find useful?
A) Executive summary B) Table of content C) Glossary D) Body of the report E) Appendix
The focus of your attention should go to the members of the audience who are
a. on your side. b. against you. c. undecided. d. uninterested.
Due to a recession, Lauren was laid off by her organization. To avoid having Lauren and other laid-off workers stop spending money and thus deepen the recession, __________ will help them maintain some income.
A. Social Security B. Medicare C. unemployment insurance D. worker’s compensation E. leave pay