Carol learns that Dave has hired a new employee to work at her company. Although Dave did not have permission to hire the new employee, Carol likes the new employee and decides to honor all the terms of the employment contract that Dave negotiated

Higher Z scores from a multiple discriminate analysis indicate a:

A) Lower degree of creditworthiness B) Higher risk of bankruptcy C) Higher degree of solvency D) Lower amount of working capital

Jack has applied for a refinance of his mortgage, which is secured by a first lien on his home. He asks if he can see the appraisal report that his lender ordered. Jack learns that:

a. He is only entitled to a copy of the appraisal if his loan application is denied b. He must file a written request for a copy of the appraisal c. The lender will provide a copy of the appraisal at closing d. The lender must provide a copy of the appraisal upon completion or three business days prior to consummation, whichever is earlier