Which of the following statements is true of junk bonds?

A) They are short-term liabilities.
B) They are a sequence of small bond issues of progressively longer maturity.
C) They have low inherent risks.
D) They are typically associated with companies in good financial health.
E) They offer relatively high rates of interest.

Today's law of contracts originated from judicial decisions in ________.

A) France
B) Italy
C) Spain
D) England
E) Switzerland

The amount charged for using the money of another party

A) Face amount
B) Term
C) Interest
D) Maturity value
E) Dishonored note
F) Maker
G) Notes receivable
H) Interest rate

In decision by lack of response, one idea after another is suggested without any discussion taking place. When the team finally accepts an idea, all others have been bypassed and discarded by simple lack of response rather than by critical evaluation.

One of your colleagues is experiencing some challenges in getting trainees to actively participate in his training sessions. Knowing you are an expert trainer, he solicits your opinion. Which of the following is NOT likely to be guidance you would provide?

A) "ask open-ended questions and provide positive feedback when trainees participate"
B) "plan small-group activities such as case studies and role plays to increase participation"
C) "sometimes, you will come across groups of trainees who are simply shy; accept it and focus on the learning outcomes"
D) "invite participation by structuring activities to allow trainees to share early in the training session"

After conducting interviews with several bad candidates, Althea, a manager at Langrover Inc., interviewed a candidate who was better than the others in terms of skills and experience. Despite not meeting all the necessary qualifications, the candidate was hired by Althea. Which of the following errors did Althea most likely make?

A) The nonrelevancy error
B) The similarity error
C) The first-impression error
D) The contrast error