A sinking fund may be used for each of the following EXCEPT ________
A) to be held on to and used to pay off the principal at maturity
B) to call in bonds early
C) to buy back some of the bonds over time
D) to be used to pay off other outstanding debt issues
Answer: D
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Any of the following events would terminate a listing agreement except,
a. brokerage firm loses license. b. Parties mutually agreed to terminate. c. Seller accept an offer for less than the listing price. d. Brokerage firm renounces listing.
Which of the following is true of perceptual positioning maps?
A) They are used by marketers to divide a market into smaller groups with distinct characteristics. B) They are used by marketers to identify supplier and retailer perceptions of a product. C) They are used to analyze consumer perceptions of a brand relative to competing products. D) They are used to divide buyers into groups based on their perceived income and age. E) They are used to plot the geographic segments that a company needs to target.