_____ occurs when a lawmaker or official seeks or receives anything of value because of an official action taken in the past or to be performed in the future.

A. Illegal gratuity
B. Rigging
C. Bribery
D. Lobbying

Answer: A. Illegal gratuity

Business

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Trudie Jones works for a distribution channel firm that helps several electronics companies find customers or make sales to them. Trudie works for a reseller

Indicate whether the statement is true or false

Business

What is the difference between valuing an American and a European option using a tree?

A. The value of u is higher for American options B. The value of u is lower for American options C. The time steps for American options are not equal D. It is necessary to do two calculations at nodes where the option is in the money

Business