Since bonds are generally considered among the safest investments, you would expect that they would _____.
(A) Have D ratings
(B) Have low interest rates
(C) Have high interest rates
(D) Mature quickly
Ans: (B) Have low interest rates
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Under the common law, which of the following defenses, if used by a CPA, would best avoid liability in an action for negligence brought by a client?
A. The client was contributorily negligent. B. The client was comparatively negligent. C. The accuracy of the CPA's work was not guaranteed. D. The CPA's negligence was not the proximate cause of the client's losses.
If a company's marketing team believes that offering a new product under the current brand name may adversely affect the current brand, the best approach would be to introduce the product as a(n):
A) brand extension B) ingredient brand C) flanker brand D) co-brand