The flow of payments for purchases and sale of financial assets is included in the current account balance of a nation.

Which of the following is NOT an example of contractual rights that cannot be assigned?

A) Rights that are personal in nature.
B) Rights whose assignment would increase the obligor's risk or duties.
C) Rights whose assignment is prohibited by contract.
D) Rights whose assignment is prohibited by public policy.
E) Rights to recover damages after a breach of contract.

Americans often see the motivation behind CEO activism as desiring ______.

A) special corporate perks
B) media attention
C) increased salary
D) competitive response

Not counting _____ as unemployed understates unemployment.

A) children
B) retired persons
C) students
D) people who do not want to work
E) discouraged workers

Among the methods of nonprice rationing are

A) coupons.
B) favored customers.
C) waiting in line.
D) all of the above

Lucy has a one-person business called Office Expert. She specializes in helping her clients, usually new businesses, set up their office and secretarial functions. She selects office software, sets up administrative procedures and even selects proper office furnishings. As an expert in secretarial and office skills, she will train the new staff, if requested. One of her recent clients has asked her to continue her services by working for it three days a week with a job title of "executive secretary." Lucy would be on the premises from 9 a.m. to 5 p.m., Mondays, Wednesdays and Fridays. She would report directly to the President, who would direct her work. Which of the following statements is true?

A) Lucy would be an employee of the firm if she agreed to this arrangement.
B) Lucy would be an independent contractor if she agreed to this arrangement.
C) Lucy is currently an employee of the firm, so this new arrangement would not change her relationship with the firm.
D) Whether Lucy is an employee or an independent contractor has no bearing on her compensation.
E) None of the above statements are true.