Bonds are
A) promises to repay loans.
B) promissory notes issued by partnerships.
C) promissory notes issued by proprietorships.
D) shares of ownership in a corporation.
Answer: A
You might also like to view...
A public franchise is
A) an exclusive right granted to a firm to supply a good or service. B) a government issued license required to practice a profession. C) an exclusive right granted to an inventor of a product. D) a unique source of raw materials.
An insurance company requires homeowners it insures to have smoke detectors in their homes. The insurance company is trying to combat the
A. adverse selection problem. B. the free-rider effect. C. moral hazard problem. D. "lemons" problem. E. none of the above
Steel producers lobbying to keep imports out is an example of:
A. objective cost-benefit analysis. B. rent-seeking behavior. C. rational ignorance. D. corruption.
A change in price will lead to a change in __________ and to a change in __________, while a change in preferences will lead to a change in __________ and a change in the prices of relevant resources will lead to a change in __________
A) quantity supplied; demand; income; supply B) demand; quantity supplied; supply; quantity demanded C) quantity supplied; supply; quantity supplied; demand D) quantity supplied; quantity demanded; demand; supply E) quantity supplied; quantity demanded; supply; demand