Which of the following statements is true of the global money market?
A) A great advantage for investors in the global money market is the ability to access a wide range of investment opportunities.
B) It refers to the collective financial markets where firms and governments raise long-term financing.
C) The maturity period for the funding obtained from the global money market is over ten years.
D) It refers to the collective financial markets worldwide where firms and governments raise short-term financing.
D
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An estoppel certificate primarily benefits:
a. The mortgagor b. The mortgagee c. The new buyer of the property d. The investor who purchases the note and mortgage
When writing email messages, which of the following best describes when the expectation of quality writing is higher than for personal email?
A) The email is being sent to someone in a greater position of authority than the writer. B) The email is being sent outside of the organization. C) The email could be used as evidence in a lawsuit. D) The email could be used as a permanent record. E) Email messages on the job should always be of higher quality than personal email.