Legally, the SEC has the ability to establish accounting rules for all companies under its jurisdiction.

If the seller of a parcel of real property breaches and refuses to sell, the best legal remedy for the buyer who wants this particular piece of property is

a. Compensatory damages b. Consequential damages c. Specific performance d. Restitution

For a given change in interest rates, fixed-rate assets with long-term maturities will have smaller changes in price than assets with shorter maturities.

a. true b. false