Duc An Incorporated provides free coffee to employees. Starbucks delivers coffee packages, sugar, creamer, and filters each week. Every month, Starbucks sends Duc An an invoice. This arrangement is best described as a

A) set purchase order.
B) fixed purchase order.
C) blanket purchase order.
D) standard purchase order.

Answer: C

Business

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Victoria's Jewelry Inc. is considering a takeover of its competitor, Ace Diamond LLC. In general, Victoria's should go ahead with the acquisition as long as Ace Diamond is more valuable as a continued standalone company than it would be inside Victoria's.

Answer the following statement(s) true (T) or false (F)

Business

The increased opportunity for a bank to securitize loans into liquid and tradable assets is likely to affect which type of risk?

A. Sovereign risk. B. Market risk. C. Insolvency risk. D. Technological risk. E. Interest rate risk.

Business