Who from the following list would be considered a speculator by entering into a futures or options contract on commodities?
A) Farmer
B) Corn delivery truck driver
C) Food manufacturer
D) None of the above
B
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Which of the following is a requirement set for employers under the FASB standards?
A. Employers must fund benefits on a pay-as-you-go basis. B. Benefits must not appear as future cost obligations. C. Employers should encourage employees to participate in management functions. D. Financial statements should be made in such a way that outsiders cannot understand them. E. Employers must set aside the funds they expect to need for benefits to be paid after retirement.
Ethnic nepotism refers to systematic efforts made by companies to recruit from diverse groups, promote tolerance, and modify corporate cultures to include nonmainstream employees.
a. true b. false