The Jensens have a stable monthly income of $5,000 and they're applying for a 90% conventional loan. Their monthly housing expenses probably should not exceed:

Convertible Bonds:

a. have priority over other indebtedness. b. are usually secured by a first or second mortgage. c. pay interest only in the event earnings are sufficient to cover the interest. d. may be exchanged for equity securities.

Imagine you have developed a device that can be used to tell whether uncooked meat has been irradiated. Several smaller retail chains have agreed to carry your product, but a large discount retailer has asked you to sell the device to it for a substantially lower price. What is the large discount retailer asking you to practise?

a. price discrimination b. channel control pricing c. unfair trade practices d. price fixing