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NEW QUESTION: 1
A company believes a "low-cost" strategy would help increase revenues. The company lowers the price of its product but actually sees a decrease in revenues. What information could explain this result?
A. The demand for the product is relatively inelastic.
B. The market is in an economic boom.
C. The company failed to cut costs significantly.
D. The company's product is not perceived as a necessity.
Answer: A
NEW QUESTION: 2
Click the exhibit button below.
Based on the configuration shown below, name the forwarding class to be associated with a TCP packet encapsulated inside an Ethernet frame that arrives on SAP 1/1/5 with the following characteristics:
Destination IP address = 120.110.1.1
TCP port number = 23
DSCP value = nc1
Dot1pvalue = 3
A. H2
B. EF
C. L2
D. NC
E. H1
F. BE
Answer: C
NEW QUESTION: 3
Which of the following is not an event of default covered in the ISDA Master Agreement?
I. failure to pay or deliver
II. credit support default
III. merger without assumption
IV. Bankruptcy
A. I
B. IV
C. All are considered events of default
D. II and III
Answer: A
Explanation:
Explanation
Note that events of default under the ISDA MA are caused by one of the parties that is considered 'at fault'. In contrast, "termination events" are events for which no one is at fault, for example changes in legislation, illegality etc that still justify termination of the transactions under the contract.
The ISDA MA describes the following 8 types of events of default:
1. failure of pay or deliver
2. breach of agreement
credit support default
4. misrepresentation
5. default under specified transaction
6. cross default
7. bankruptcy
8. merger without assumption
All of the options presented in the question are events of default.
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