Of the following, which is NOT one of the four main areas of finance?

A) International finance
B) Corporate finance
C) Investments
D) All are considered main areas of finance.

Answer: D

Business

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Which of the following relationships between importing and exporting parties would require the least detailed contract to conduct business?

A) affiliated party B) unaffiliated unknown party C) known unaffiliated party D) domestic supplier

Business

Chad believes that the stock for the Marvelous Marble Company is underpriced. He expects that children are going to love playing with marbles soon and decides to buy a large amount of Marvelous stock

What helped Chad determine that the stock is underpriced? A) The stock's book value is close to the market value. B) The stock's par value is less than the market value. C) The stock's par value is higher than the book value. D) The stock's book value is higher than the par value. E) The stock's par value and market value are equal.

Business