When a company builds a profitable business by "stealing" ideas from other successful peers, it is following a(n) ________ strategy

What motivation is provided for managers not to follow the relaxed strategy of long- versus short-term financing?

A) short-term investment income is often unattractive B) transaction costs are required to continually obtain financing C) long-term financing has burdensome tax consequences D) investment opportunities must frequently be ignored

Which of the following statements is true concerning escrow procedures:

A: A broker can hold an escrow for compensation for other parties when he has no interest in the transaction; B: When the escrow requirements have been met, the escrow agency changes from a dual agency to a separate agency; C: When the escrow holder is in possession of a binding contract between the buyer and seller, it is said to be a "complete escrow"; D: The escrow officer acts as an arbitrator of arguments between the buyer and seller.