Earlier, people assumed that intelligence was a _____ concept of just reasoning ability, measured by standardized tests.

The Ajax Corporation issues bonds that pay a minimum of 6% interest but that can pay more if corporate earnings reach certain specified levels. The holder of the bond may exchange it for stock of the corporation. This bond would be a:

A) callable income bond.
B) convertible participating bond.
C) convertible unsecured bond.
D) convertible secured bond.

The Bankruptcy Act of 2005 increases the responsibility of a debtor's attorneys thereby raising concerns that bankruptcy practice may become less attractive because:

A) the attorney has to operate on relatively thin margins as provisions increase along with costs and risks.
B) the attorney owes a duty to client for getting the debtor's property appraised.
C) the attorney has to call a meeting of all the creditors of the debtor.
D) the attorney has to classify the priority of creditors as per the 10 classes of priority given in the Bankruptcy Code.

​The Robinson-Patman act

A) ​Is a part of the antitrust laws
B) Makes it illegal to give a price discount on a good sold to another business
C) Makes it illegal to give a price discount on a good sold to final customers
D) ​Both A&B

Given the following data,total product cost per unit under absorption costing will be $400 greater than total product cost per unit under variable costing.