Affirmative action is required for certain employers by:
A. Title VII of the Civil Rights Act.
B. The Civil Rights Act of 1991.
C. Executive Order 11246.
D. Proposition 209.
Ans: C. Executive Order 11246.
Business
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A corporate bond is quoted at a price of 103.16 and carries a 6.50 percent coupon. The bond pays interest semiannually. What is the current yield on one of these bonds?
A. 6.24 percent B. 6.30 percent C. 6.36 percent D. 6.62 percent E. 6.66 percent
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The developer of a property is planning to install an underground septic tank and needs information to determine the soil's absorption and drainage capacity. This information would be obtained from...
A. A survey B. A percolation test C. The building codes D. An appraisal
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