Which of the following statements concerning stock repurchases is MOST correct?
A) Repurchasing stock is strictly a financing decision made by the corporation.
B) Increasingly companies are using stock repurchases to distribute cash to their shareholders,
but dividends remain the primary means to distribute cash.
C) A tender offer is the only way to complete a stock repurchase due to SEC rules.
D) Companies currently spend more money on stock buybacks than on dividend payments.
D
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A lender is gathering information on loans for the purposes of HMDA reporting. Loans made on which of the following property types may be left out of the lender's reports?
a. Duplexes b. Apartment buildings c. Travel trailers d. Vacation homes
The ________ marketing sales system works by recruiting independent businesspeople who act as distributors
A) catalog B) multilevel C) direct-response D) corporate E) direct