The risk of the debt capital is less than that of other long-term contributors of capital because ________
A) they have a lower priority of claim against any earnings or assets available for payment
B) they have the stockholders' personal assurance for all future interest payments
C) there is no interest rate risk as the interest rate is predetermined
D) the tax-deductibility of interest payments lowers the debt cost to a firm substantially
D
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_____ rulemaking is required only when a statute clearly commands that a rule be made on the record after an opportunity for an agency hearing
Fill in the blanks with correct word
Which of the following is NOT a relevant consideration in determining whether a person performing services for another in an employment relationship is an employee or an independent contractor?
A) Whether the individual has the potential to make a profit or a loss from the employment relationship B) The extent to which the individual is controlled by the employer in the performance of the agreed duties C) The amount of money being paid for the performance of the task. D) The fact that the parties call the relationship independent contractor E) All of the above are relevant considerations.