________ occurs when partners in an alliance possess high-quality resources and capabilities of significant value in an alliance but fail to make those resources and capabilities available to alliance partners

A) Moral hazard
B) Adverse selection
C) Holdup
D) Explicit collusion

A

Business

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The Supreme Court ruled that the death penalty constitutes cruel and unusual punishment and

thus is not available as punishment for the commission of federal crimes. Indicate whether the statement is true or false

Business

Bender and Co. is issuing a $1,000 par value bond that pays 9% interest annually. Investors are expected to pay $918 for the 10-year bond. What is the after-tax cost of debt if the firm is in the 34% tax bracket?

A) 6.83% B) 9.00% C) 10.35% D) 15.68%

Business