Which one of the following is not a benefit to the employer when offering an ESOP?
(a) maintains a stable work force
(b) owner can sell stock to a friend
(c) results in a dilution of value of the stock
(d) ESOT can borrow money under favorable conditions
c
Business
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Which of the following characteristics apply to closed-end mutual funds?
I. unlimited number of outstanding shares II. transactions are between shareholders III. Market prices may be higher or lower than NAV. IV. Fund will repurchase shares at any time. A) I and IV only B) II and III only C) I, II and III only D) II, III and IV only
Business
E-payment methods that address the lower or higher end of the price continuum are unlikely to be widely accepted because of cost and security issues
Indicate whether the statement is true or false
Business