A private trial is an alternative dispute resolution method often referred to as ________.

A) "rent-a-judge"
B) non-binding arbitration
C) non-binding mediation
D) binding mediation
E) "rent-a-cop"

Long-term investments in available-for-sale securities are reported at fair value on the balance sheet.

Patricia has a valid judgment against David. David has no assets in the state where the judgment was entered, but he now lives in California where he owns thousands of acres of beach-front property. Patricia may execute her judgment in California based on:

A) Subject matter jurisdiction.
B) Concurrent federal jurisdiction.
C) Quasi in rem jurisdiction.
D) Diversity of citizenship jurisdiction.

A corporation may be authorized to issue both common and preferred stock.

Which financial intermediary is not involved in the indirect method of financial intermediation?

A) Investment banks
B) Insurance companies
C) Mutual funds
D) Pension funds

A decrease in demand and a decrease in supply will lead to a(n) _____ in equilibrium quantity and a(n) _____ in equilibrium price.

A) decrease;indeterminate change
B) indeterminate change;increase
C) indeterminate change;decrease
D) increase;indeterminate change