What should Sally Salesperson do with an earnest money deposit check she received from a buyer?

a. deposit it in her escrow account
b. give it to her broker
c. attach the check to the contract and file it
d. give it to the seller

Answer: b. give it to her broker

Business

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Other things equal, a firm that must obtain its long-term debt and equity in a highly illiquid domestic securities market will probably have a:

A) relatively low cost of capital. B) relatively high cost of capital. C) relatively average cost of capital. D) cost of capital that we cannot estimate from this question.

Business

The Bretton Woods system was a fixed exchange rate regime in which central banks bought and sold their own currencies to keep their exchange rates fixed

Indicate whether the statement is true or false

Business