If the board of directors becomes displeased with the performance of the key officers, the board has the power to replace them.

Stan conveniently forgot to enclose his check when he sent his payment for the supplies he ordered. When the supplier called a few days later, Stan profusely apologized and mailed the check that day. Stan used which method of decreasing cash outflows?

a. Barter b. Timing purchases c. Using non-cash incentives d. Gaming the payment process

________ are popular vehicle used to finance mergers and takeovers

A) Income bonds B) Junk bonds C) Floating rate bonds D) Convertible debentures