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.
QUESTION Which of the following, if true, makes it prudent for Jorge to take Felicia’s advice? A) If Jorge doubles his investment, he will be able to make a down payment on a sports car he really wants to own. B) Jorge wishes he had taken a chance on purchasing a platinum contract last year, […]
QUESTION Suzanne contends that her landlord, Felipe, needs to replace the nonworking stove in her apartment. Felipe says there is nothing in the lease requiring him to provide a stove to his tenant. Suzanne says that because he provided a stove when she moved in, he is required to maintain it and replace it if […]
QUESTION Which of the following, if true, most weakens Amatriya’s argument? A) In a downturn, growth stocks tend to decline in value much more dramatically than blue-chip stocks. B) The last recession was the most serious one in more than 75 years. C) The owners of Forbes magazine have an extensive portfolio of bonds. D) […]
QUESTION Administrative laws pertain only to a company’s administrative personnel. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: Administrative laws are generated by government administrative bodies.
QUESTION Which of the following, if true, most weakens Felicia’s argument? A) Even among experienced traders, 85 percent of commodity trades lead to losses rather than profits. B) Precious metals continue to appreciate in value, but not as rapidly as they did last year. C) Felicia balances her commodities investments among several different products. D) […]
QUESTION Precedents, the decisions judges made in past court cases that become guides to handling new cases, apply only to international law. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: Precedents apply to new cases in all kinds of law.
QUESTION All of the following might be a possible result of taking Felicia’s advice EXCEPT which one? A) Jorge purchases several truckloads of corn and loses money on the storage costs. B) Jorge chooses a commodity that becomes very desirable and makes him a lot of money. C) Jorge chooses a commodity that declines rapidly […]
QUESTION If Jorge takes Felicia’s advice, what is the most important information to learn before he places an order? A) What is the difference between a futures contract and a commodity exchange? B) Can commodities be traded as part of an exchange-traded fund? C) What market factors might make a given commodity rise in price […]
