8. .

1. James uses a 12-sided roller in a game. The sides of the roller are numbered 1 through 12. What is the probability of James

using the 12-sided roller to roll a 3 or a multiple of 3?

Mark only one oval.

5/12

1/12

1/4

1/3

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

At present, the united states has an embargo against north korea because a. the two countries have extremely poor political relations. b. north korea will not adopt a capitalist government. c. north korean products are too difficult to use. d. north korea has an embargo on american products. e. products from north korea are in higher demand than american-made products.