Municipal general obligation bonds are _______. Municipal revenue bonds are _______.
A) supported by the municipal government's ability to tax; supported by the municipal government's ability to tax
B) supported by the municipal government's ability to tax; supported by revenue generated from the project
C) always subject to federal taxes; always exempt from state and local taxes
D) typically zero coupon bonds; typically zero¬ coupon bonds
Answer: B) supported by the municipal government's ability to tax; supported by revenue generated from the project
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A ________ occurs when an agent makes an untrue statement that he or she knows is not true
A) partially disclosed agency B) misrepresentation C) respondeat superior D) dual-purpose mission
Inventory specialist Virginia is highly virtuous on the job, so according to the analysis presented in the human relations text, she is likely to
A) not worry about the consequences of her actions. B) be loyal to her convictions. C) give a little company money to a poor employee. D) never forgive an immoral act, however small.