Brief Messages,such as Emails or Short Presentations at Meetings,________

question 58

Multiple Choice

Brief messages,such as emails or short presentations at meetings,________.

• A)require elaborate outlines
• B)require the use of a tree chart in order to be outlined properly
• C)do not benefit from the outlining process
• D)might only need a few bullet points or questions as their outlines
• E)must follow a detailed traditional outline format

Differentiate between business risk and financial risk and their determinants.

Comprehend the concept of financial leverage and its impact on a firm’s earnings per share (EPS) and earnings before interest and taxes (EBIT).

Understand the role and implications of corporate and personal taxes in capital structure decisions according to the MM and Miller models.

Recognize the assumptions and limitations of theoretical models such as the MM and Miller models, especially concerning taxes and bankruptcy costs.

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Definitions:

Contracts of Adhesion

Contracts of adhesion refer to standard-form agreements prepared by one party, leaving the other party little or no ability to negotiate more favorable terms.

Public Policy

Principles and standards considered by the government to be beneficial for the community and used to guide legislative or regulatory actions.

Trade Secrets

Information, including formulas, practices, processes, designs, instruments, patterns, or compilations of information that is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.

Illegal Agreement

A contract or agreement that is void because it involves actions that are against the law.