All state regulatory laws are drafted by the federal government and then adopted by the state

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. A finance company uses the discount method of calculating

interest. The loan principal is $5,000, the interest rate is 10%, and repayment is expected in two years. You will receive [$5,000 | $4,000] from the lender.

A grant of units equal in value to fair market value or book value of a share of stock is known as:

A) stock appreciation rights. B) a stock purchase. C) restricted stock. D) phantom stock.