1. Which one of the following describes Berkshire Hathaway’s business? [5 points]
A. An ETF (Exchange-Traded Fund)
B. Closed-end mutual fund
C. Open-end mutual fund
D. A publicly traded holding company with diverse business interests
E. A privately held company with diverse business interests
Required Score: 80%
Questions: 11
Unit 4 Checkpoint Exam (MN)
Question #9 of 11
Glenn's insurance policy was cancelled by the insurer on the effective date. This is called
A) nonrenewal
B) cancellation
C) expiration
D) fiat cancellation
With Blank______, an investor is able to replicate a corporation's capital structure by borrowing funds and using those funds along with their own money to buy the company's stock.
Multiple choice question.
defensive borrowing
defensive leverage
homemade leverage
personal leverage
personal borrowing
helps mobilize the body's resources for the "fight or flight" response:
somatic nervous system
parasympathetic nervous system
sympathetic nervous system
immune system