Judicial review:

a. scrutinizes actions of federal, but not state, governments.
b. is a check by the judicial branch on legislative action.
c. is a check by the judicial branch on executive action.
d. is a check by the judicial branch on both legislative and executive action.


d

Business

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The streamlining of business processes to increase margin is key to obtaining competitive advantage.

Answer the following statement true (T) or false (F)

Business

The inflation risk premium on a bond is 2 percent, the U.S. T-bill rate is 5 percent, the maturity risk premium on the bond is 3 percent, the default risk premium on the bond is 2 percent, and the liquidity risk premium on the bond is 1 percent

Calculate its nominal rate of return. A) 16% B) 13% C) 11% D) 9%

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The Fair Debt Collection Practices Act requires a debt collector to provide the consumer with a written notice. What information must be contained in this notice?

A) The amount of the debt, with interest and penalties clearly delineated B) The name of the current creditor and former creditor C) A statement informing the consumer that he can request verification of the alleged debt D) A copy of the original credit contract with the original creditor

Business

________ bonds combine stocks into one fund

A) Hybrid B) Money market C) Municipal D) Equity

Business