North Point Realty works with a large number of Asian American buyers, and always instructs its agents to show them properties in neighborhoods with large Asian American concentrations, assuming that the buyer would be more comfortable there. This practice is known as:

A. Blockbusting
B. Steering
C. Redlining
D. Commingling

Answer: B. Steering

Business

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Peterson, Inc. issued 4,000 shares of preferred stock for $240,000. The stock has a par value of $60 per share. Prepare the journal entry for this transaction

What will be an ideal response

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Investors who buy stock in lots of fewer than 100 shares are said to be purchasing ________

A) round lots B) small lots C) odd lots D) off lots

Business