The amount charged for the use of a bank's money is called:

A. Time
B. Interest
C. Rate
D. Principal
E. None of these


Answer: B

Business

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If a firm raises capital by selling new bonds, it is called the "issuing firm," and the coupon rate is generally set equal to the required rate on bonds of equal risk.

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

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Workplace ______ focuses on design of jobs and workspaces to limit the repetitive stresses in daily work.

A. spillover B. vesting C. ergonomics D. compensation

Business

Hal promises not to foreclose on a mortgage that he holds on an office complex that Christopher owns. In reliance on this promise, Christopher spends $200,000 to remodel the complex. Which of the following is correct with regard to Hal's promise?

a. Hal's promise not to foreclose is unsupported by consideration. b. Hal's promise is noncontractual. c. Hal's promise may be enforced against him based upon the doctrine of promissory estoppel. d. All of these.

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The practice of using databases to promote one-to-one relationships with customers and create precisely targeted promotions is called ____.

A. zoned marketing B. target marketing C. database marketing D. electronic marketing

Business