During the late 1980s and early 1990s, totalitarian governments collapsed and were replaced by democratically elected governments that were typically _____ than their predecessors had been
a) less committed to privatization
b) less committed to free market capitalism
c) more committed to free market capitalism
d) more committed to a planned economy
Ans: c) more committed to free market capitalism
Business
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All of the following characterize cash balance plans EXCEPT ________
A) lacks portability B) offers predictable benefits C) considered hybrid pension plans D) employees earn interest on contributed amounts
Business
Corey loaned Tori $8,000 and took back a note secured by Tori's car. If Tori files for bankruptcy when the value of the car is $4,500, what is Corey's status? He has:
A) a secured claim for $4,500. B) an unsecured claim for $8,000. C) an unsecured claim for $4,500. D) a secured claim for $8,000.
Business