« previous next »

Author Question: Collateral is not required for most short-term financing. Indicate whether the statement is true or ... (Read 381 times)

imowrer

  • Hero Member
  • *****
  • Posts: 514
on: Jul 14, 2018
Collateral is not required for most short-term financing.
 
 Indicate whether the statement is true or false

Question 2

Exxon/Mobil and Shell are two of the relatively few sellers in the oil-refining industry. Due to the tremendous capital investment required to enter this industry, these companies are insulated significantly from the threat of new competitive entrants and thus have considerable control over price. This market situation is referred to as a(n)
 A) cartel.
  B) monopoly.
  C) natural monopoly.
  D) oligopoly.
  E) trust.


Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 14, 2018
Answer to Question 1

True

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
true story true story
How to evaluate the imaginary term i at any exponent i^n How to evaluate the imaginary term i at any exponent i^n
Types of Long-Term Memories Types of Long-Term Memories
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Rh blood type and complications during pregnancy & Fertilization

For a complete list of videos, visit our video library