Which of the Following Is a Business Tenet of Warren

question 102

Multiple Choice

Which of the following is a business tenet of Warren Buffett?

• A) long-term prospects
• B) resistance to institutional imperative
• C) creation of one dollar of market value for every dollar retained
• D) purchase at discount to intrinsic value
• E) Product is not faddish.

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Definitions:

Cease and Desist Order

A legal order issued by a government authority or court directing an individual or entity to stop an alleged illegal activity.

Misleading Advertisement

Marketing materials that deceive or mislead consumers about the nature or value of a product.

Federal Consumer Credit Protection Act

A United States law enacted in 1968 aimed at protecting consumers in financial transactions by requiring clear disclosure of terms and costs of credit and establishing consumer rights regarding credit billing and electronic fund transfers.

Garnishment Proceedings

A legal process by which a creditor can collect what is owed from a debtor's salary, bank accounts, or other assets directly from the third party holding them.