Which of the following is the fundamental difference between private (bank) debt and publicly issued debt?
a. Public debt is often referred to as inside debt because of the close relationship between the lenders and the borrower, while a bank loan is called outside debt because the lender essentially has no active relationship with the borrower.
b. A bank loan is often referred to as inside debt because of the close relationship between lender and borrower, while public debt is called outside debt because the lenders essentially have no active relationship with the borrower.
B
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Based on the Leadership Pipeline, people frequently turn out to be effective leaders even when they skip organizational levels.
a. true b. false
On a visit to his local grocery store, Jim is invited to complete a survey concerning his attitudes about certified organic produce. The pencil-and-paper survey is composed of 20 statements to which Jim is asked to fill in a response bubble to indicate either "yes" or "no." Which of the following terms best describes this format?
a. Likert-type rating b. Multiple choice c. Ranking d. Forced choice