QUESTION Which of the following is the most important assumption that underlies Brandon’s advice? A) The industries represented by BoxCorps and Excelsior are likely to grow at the same rate in the next few years. B) Overall, stock market indices like NASDAQ and the Dow Jones are likely to grow to new highs in the […]
QUESTION Which of the following, if true, BEST supports Amatriya’s approach to augmenting the couple’s retirement savings? A) Forbes magazine reports that economic markets indicate that the European economy is about to enter an extended period of decline. B) Over a ten-year period, an aggressive growth-oriented portfolio usually outperforms a more conservative one. C) Many […]
QUESTION Which of the following, if true, most clearly undercuts Brandon’s advice? A) Aside from BoxCorps, all of the club’s previous choices have advanced in value. B) The father of one club member, who is a broker, thinks Circuits Unleashed is a wiser choice. C) BoxCorps has announced plans to open 100 new locations nationwide. […]
QUESTION Which of the following, if true, LEAST supports the decision to sell BoxCorps and purchase Excelsior as a prudent financial move? A) BoxCorps recently split its shares by two-for-one, so the club now owns twice as many shares of its stock as before. B) The club owns preferred stock of BoxCorps, while the shares […]
QUESTION Which of the following, if true, BEST supports the decision to sell BoxCorps and purchase Excelsior as a prudent financial move? A) BoxCorps has consistently underperformed, compared with stocks in its industry. B) Most of Brandon’s previous recommendations have proved to be profitable for the club. C) The stock of Krebs GmbH, a European […]
QUESTION The other members agree with Brandon’s logic and vote to sell BoxCorps and buy Excelsior. All of the following, EXCEPT which one, could be a potential result? A) Excelsior fails as a business, and the club loses all of the money it invested in it. B) Excelsior is bought out by a bigger medical […]
QUESTION Business law is the legal framework in which business is conducted. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: Business is done with the presumption that relevant laws are being followed.
QUESTION Marcia was having her kitchen rebuilt. She claims that her contractor used materials Marcia had paid for in rehabbing someone else’s kitchen, and she sued the contractor. In court, because the contractor was presumed innocent until proven guilty, he was benefitting from an administrative law. Indicate whether the statement is true or false. […]
QUESTION The answer to which of the following questions would be most helpful in resolving the disagreement between Larisa and Karola? A) What are the commissions and services offered by the specific brokers the two are considering? B) Should the two confer with a colleague who has more experience in investments? C) Will they invest […]
QUESTION The North American Free Trade Agreement (NAFTA) is governed under international law. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: Treaties and trade agreements together constitute one source of international law, law that governs activities between nations.