An understanding of the role of capital markets is one of the fundamental concepts that a nonfinancial manager should understand in order to:
A) better assess the current environment in which the firm operates.
B) better assess future financing requirements.
C) better understand the role of the capital markets in raising long-term funds.
D) better measure and create value for the shareholders.
C
Business
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An agent who acts within the scope of actual or apparent authority most likely is contractually liable to a third party when
A. The agent commits a tort. B. The agent guaranteed the principal's performance. C. The principal is liable to the third party. D. The principal is disclosed.
Business
Interstitials are advertisements that pop up between changes on a Web site
Indicate whether the statement is true or false
Business