The initial contract rate on adjustable-rate loans is typically above that on fixed-rate loans. Indicate whether the statement is true or false ANSWER FALSE
Date: September 19th, 2020
Which one of the following has a single currency managed by a common central bank? A) ASEAN B) European Union C) World Trade Organization D) The Organization for Economic Cooperation and Development ANSWER Answer: B
Date: September 19th, 2020
Arbitration is a process for settling disputes in which an impartial third party listens to both sides in the dispute and suggests a remedy that may be binding or non-binding. Indicate whether the statement is true or false ANSWER TRUE
Date: September 19th, 2020
What is the name of the international organization that fosters monetary and financial cooperation and serves as a bank for central banks? A) WTO B) EU C) World Bank D) Bank for International Settlements ANSWER Answer: D
Date: September 19th, 2020
It is the right given to firms to produce specific products in exchange for a ________ fee. A) Joint Venture B) Securitization C) Licensing D) Royalty ANSWER Answer: C
Date: September 19th, 2020
What do the Enron Corporation, Worldcom, and Tyco have in common? A) They were part of the oil and gas industry. B) All three were owned by a single parent company. C) Each one was an example of sound corporate governance. D) All were involved in corporate scandals. ANSWER Answer: D
Date: September 19th, 2020
The legal and financial structure controlling the relationship between a company’s shareholders and its management is called the A) Agency Theory. B) Stakeholder Alternative. C) Corporate Governance. D) Concentrated Ownership. ANSWER Answer: C
Date: September 19th, 2020
Which of the following are institutional banks that provide financial support and professional advice for developing countries? A) multilateral development banks B) central banks C) investment banks D) Barclays bank ANSWER Answer: A
Date: September 19th, 2020
________ is a company that is commonly owned and operated by two or more firms. A) Joint Venture B) Franchising C) Licensing D) Royalty ANSWER Answer: A
Date: September 19th, 2020
Which of the following statements about debt is true? A) Increasing debt increases the firm’s flexibility. B) As debt increases, distress costs decrease. C) Using debt causes a loss of ownership by the firm. D) Using debt allows the firm to earn money using someone else’s money. E) As the level of debt increases, the […]
Date: September 19th, 2020
