When the Yield Curve Is Upward Sloping, Generally a Financial

question 110

Multiple Choice

When the yield curve is upward sloping, generally a financial manager should

• A)utilize long-term financing.
• B)utilize short-term financing.
• C)wait for future financing.
• D)lease.

---

Definitions:

Disaffirm

The legal act of renouncing or repudiating a contract or agreement, particularly in cases where one party lacks the capacity to enter into the contract.

Contract of Purchase

A legal document outlining terms and conditions under which goods or services are sold by a seller to a buyer.

Ratification

The formal approval of an agreement or treaty by signing or giving formal consent, making it officially valid.

Minor

An individual under the age of legal competence, typically under 18 years, with certain restrictions on their legal rights and responsibilities.