Personal Guarantees

Please choose the most appropriate answer for each sentence.
  • 1

    In a limited ..... partnership, several individuals or companies share the costs and profits of the business, but their responsibility is restricted to the sum of money they have invested and to any personal guarantees given.

  • 2

    The ....., also called the 'Cubes', is an exchange-traded fund; it tracks the NASDAQ 100 index, containing the key stocks of the NASDAQ Composite Index quoted each night on the TV news.

  • 3

    In a ..... S corporation, the net profit or loss is deemed distributed to its shareholders, who must include it in their individual tax returns irrespective of whether they actually receive the cash.

  • 4

    ..... form a part of trading in the market: such a commodity is traded for either cash or some other commodity, and this transaction includes an exchange between two or more parties as well as delivery of the goods transacted.

  • 5

    The firm thinks that the end of the recession is too distant to warrant buying cyclical stocks, so it is buying the ..... stocks that are attempting to reduce expenses and manage their way toward recovery.

  • 6

    ..... budget is reached when the government can equate revenues with expenditure over the business cycle; this makes allowance for a deficit during periods of low economic activity, which must nevertheless be matched by a surplus during periods of high activity.

  • 7

    Under the FRB's Regulation T, a ..... account is not permitted to initiate a debit balance for any reason; buy orders are only accepted if cleared funds are in the account, and this condition holds until 90 days from the date of the transaction.

  • 8

    The committee scrutinizes the state's ..... budget, which allocates money for construction and repair of public structures and other long-term investments like land acquisition and transfer, and also includes funds given or loaned to local governments and non-profit organizations.

  • 9

    The U.S. Department of Labor statistics that will be published tomorrow by The Springfield Gazette present the ..... unemployment rate as the best measure of the national labor market rather than the overall rate, whose base includes US-based military personnel.

  • 10

    The European Leasing Barometer measures the expectations of leasing professionals in the next six months in consideration of the state of the general economy, the leasing sector and their own businesses, and as such functions as a good ..... indicator.

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