The Supreme Court has held that an employee who is over 40 may sue for discrimination if he or she is replaced by a "significantly younger" employee, even if the replacement is also over 40
Indicate whether this statement is true or false.
Answer: TRUE
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Under the add-on method for determining payments on a consumer loan,
A) service charges are added to the each monthly payment. B) a service charge for loan handling is added to the amount borrowed. C) interest is only added to the final monthly payment on the loan. D) interest is added to the amount financed in order to determine the total monthly payments.
Which of the following are advantages of international funds?
I. greater diversification II. potentially higher returns III. income is taxed at a lower rate IV. ease of investing compared to buying individual foreign securities A) I and III only B) I, III and IV only C) I, II and IV only D) II, III and IV only