Ericsson, the Swedish MNE, was required as of 2005 to adopt both Swedish and U.S. GAAP since it lists it securities in both the U.S. and Sweden

Rights of occupancy of owners in a cooperative are based on

A. a proprietary lease. B. the articles of incorporation. C. the bylaws of the association. D. individual deeds to each unit.

Stocks whose prices are expected to remain stable, or even prosper, when economic activity is slowing down are known as

A) defensive stocks. B) cyclical stocks. C) growth stocks. D) speculative stocks.