Carter Electronics began selling the first-ever 18" home digital satellite system (DSS) in the U.S. Although DSS represented a totally new technology, one million DSS units were sold in the first year of release
Which of the following best describes the market situation in the U.S. when the company researched DSS?
A) There was an existing market for home digital satellite systems.
B) There was an incipient market for home digital satellite systems.
C) There was a latent market for home digital satellite systems.
D) There was a subnational market for home digital satellite systems.
C
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Which of the following describes a covered call?
A. A long call option on a stock plus a long position in the stock B. A long call option on a stock plus a short put option on the stock C. A short call option on a stock plus a short position in the stock D. A short call option on a stock plus a long position in the stock
The U.S. Supreme Court was asked to decide whether same-sex sexual harassment is a violation of Title VII of the Civil Rights Act. This law forbids discrimination in employment on the basis of sex. In interpreting statutes, the court may use all of the following EXCEPT
a. the plain meaning rule. b. legislative history. c. public policy. d. enabling legislation.