An example of a reference point is the fact that individuals tend to:

A) value an item more when they own it.
B) value an item more when they do not own it.
C) value an item the same, whether they own it or not.
D) value an item more when the lose it.

In July of 2015, the Equal Employment Opportunity Commission (EEOC) ruled that existing federal laws regarding sex discrimination should exclude lesbian, gay, and bisexual employees.

A(n) ________ system is packaged business software that automates and integrates the majority of their business processes, shares common data and practices across the entire enterprise, and produces and accesses information in a real-time environment.

Life insurance companies require that prospective policy holders have a medical check‐up before the companies will sell the policy because of a(n) ________ problem in which the insured could be ________ than expected.

A) moral hazard; healthy and live longer
B) moral hazard; unhealthy and die sooner
C) adverse selection; healthy and live longer
D) adverse selection; unhealthy and die sooner

Explain the difference between a swap contract and a forward contract. Give an example of a firm which is likely to benefit from a swap contract.

Refer to Table 20-9. Which race shows the least equal distribution of income?

On May 7, 2010, Rabie Corporation purchased for $450, 000 a tract of land on which was located a warehouse and an office building.The following data were collected concerning the property: $\begin{array}{lll}& \text{ Current }& \text{ Vendor’s }\\ & \text{ Assessed }& \text{ Original }\\ & \text{ Valuation }& \text{ Cost }\\ \text{ Land }& \$100,000& \$70,000\\ \text{ Warehouse }& 80,000& 80,000\\ \text{ Office building }& \underline{220,000}& \underline{150,000}\\ & \$400,000& \$300,000\end{array}$
What are the appropriate amounts that Rabie should record for the land, warehouse, and office building, respectively?

A) land, $ 70, 000; warehouse, $80, 000; office building, $150, 000
B) land, $100, 000; warehouse, $80, 000; office building, $220, 000
C) land, $100, 000; warehouse, $80, 000; office building, $270, 000
D) land, $112, 500; warehouse, $90, 000; office building, $247, 500

The bargaining zone model identifies:

A) the best zoning for negotiations.
B) the conditions under which the other party will hold out for a better offer.
C) the relative locations of various bargaining positions between the parties.
D) all of these.
E) none of these.