Identify whether the key characteristic describes common stock (CS) or preferred stock (PS)
________ 1. Source of financing which places minimum constraints on the firm
________ 2. Used by young firms receiving investment funds from venture capital firms
________ 3. Potential dilution of earnings and voting power
________ 4. Fixed financial obligation
________ 5. Increases the firm's borrowing power
________ 6. May have cumulative and participating features
________ 7. May be convertible into another type of security
________ 8. Last to receive earnings or distribution of assets in the event of bankruptcy
________ 9. Frequently includes a call feature
1. CS
2. PS
3. CS
4. PS
5. CS
6. PS
7. PS
8. CS
9. PS
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A business that reaches out to customers to address their complaints is practicing which of the following?
A) Mediation B) Proactive customer service C) Standardized e-commerce D) Personal selling E) Reactive customer service
Which of the following statements is true about joint tenancy?
A) All the co-owners own equal shares of the property. B) Upon the death of the tenant, his or her heirs receive the property interest. C) An owner may not sell his or her shares in the interest without the consent of the other owners. D) Owners' interest in the property cannot be attached by creditors.