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Business English Exercises
 

Natural Resources

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 400
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natural resources answer 1
Commodities like gold, natural gas and similar natural resources are one traditional inflation hedge: demand typically rises for such commodities, raising their prices to the advantage of their investors.

Correct answer: (c) inflation

Meaning of business term inflation
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natural resources, question 1 natural resources, financial glossary, what does inflation mean? what is the definition for inflation?

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natural resources answer 2
If timberland is destroyed or purloined, or if trees are condemned for public use, the property owner might be entitled to a deduction from his income tax; this kind of loss is termed involuntary conversion.

Correct answer: (d) conversion

Meaning of business term conversion
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natural resources, question 2 accounting terminology liability, qqq, subchapter, actuals, what does conversion mean?

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natural resources answer 3
The liquidation value of a business is equal to the value of its individual assets, assessed as if the entity would cease carrying on business; there are in fact two types, dependent on the time available for the process.

Correct answer: (c) liquidation

Meaning of business term liquidation
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natural resources, question 3 list of bonds words coupon, slander, debit, eviction, what does liquidation mean?

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natural resources answer 4
NASD Rule 2220 states that members must charge their customers fair prices and commissions, while InterpretiveGuideline 1220 provides a guide to what constitutes a reasonable mark-up in light of this rule.

Correct answer: (b) mark-up

Meaning of business term mark-up
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natural resources, question 4 lending credit vocab liquidity, appraisers, furthest, mutual, involuntary, what does mark-up mean?

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natural resources answer 5
The key difference between municipal revenue bonds and general obligation bonds is that the latter are covered by the full faith and credit and taxing ability of the issuer, while the former are repaid from the income of the project they finance, such as a housing project or a hospital.

Correct answer: (d) revenue

Meaning of business term revenue
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natural resources, question 5 mergers acquisitions words plaguing, coalesced, constitutes, what does revenue mean?

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natural resources answer 6
Several states have enacted regulations covering power of sale foreclosure in the last few years; however, almost thirty states still have no practical method of nonjudicial foreclosure.

Correct answer: (b) nonjudicial

Meaning of business term nonjudicial
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natural resources, question 6 natural resources, mutual funds terms ravages, pervasive, up, waged, primacy, what does nonjudicial mean?

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natural resources answer 7
Paying an optional dividend can solve this problem: by offering a stock dividend at a slight discount, investors can perhaps be persuaded to opt for payment in new shares, so that cash can then remain with the company.

Correct answer: (c) an optional

Meaning of business term an optional
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natural resources, question 7 real estate words pivotal, ferocity, array, peer, what does an optional mean? what is the definition for an

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natural resources answer 8
If Charles's will indicates that his heirs are to receive their inheritance "per stirpes", his daughter Anne will get half the property and his deceased son Albert's two children will share the other half in equal portions through Albert by right of representation.

Correct answer: (d) per stirpes

Meaning of business term per stirpes
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natural resources, question 8 retirement words perish, inseparable, ownership, deterioration, what does per stirpes mean?

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natural resources answer 9
Alibris, the complete metrology solution provider and The Netherlands' Entrepreneur of the Year in 2007, announced its IPO on Eurolist by Euronext Amsterdam; 55 million euros of newly issued shares will be in the primary offering.

Correct answer: (d) primary

Meaning of business term primary
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natural resources, question 9 terms of stock haphazard, meet, central, fall, address, what does primary mean?

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natural resources answer 10
Because of the narrow coverage margins of the City's waterworks revenue bonds, any fluctuations in revenue due to inclement weather, etc, may affect the financial performance of the system and cause a reduction in coverage below the rate covenant.

Correct answer: (d) covenant

Meaning of business term covenant
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natural resources, question 10 technical analysis words event, firm, spiral, alternative, cost of, what does covenant mean?

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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EFL/ESL Links: Services Marketing • Business vocabulary disposition, lifelong, induction, facing • Services Marketing (Answers) • Retirement words perish, inseparable, ownership, deterioration • University Public Relations • Dividends words debacle, inestimably, exemplary, faceted • University Public Relations (Answers) • Real estate words pivotal, ferocity, array, peer • The GATT System • Brokerages term concerted, enshrined, quilt, conviction, abrogated • The GATT System (Answers) • Mutual funds terms ravages, pervasive, up, waged, primacy • Gray Market Goods • Ipos terminology alleged, facie, burden, held, before • Gray Market Goods (Answers) • Mergers acquisitions words plaguing, coalesced, constitutes • SLR • Law estate terms spreads, story, direct, final, rate lock • SLR (Answers) • Lending credit vocab liquidity, appraisers, furthest, mutual, involuntary • Fixed-income Investments • Currency vocab indexed, prime, hit, due bill, commitment • Fixed-income Investments (Answers) • List of bonds words coupon, slander, debit, eviction • Personal Guarantees • Banking term list confidence, civilian, capital, restricted • Personal Guarantees (Answers) • Accounting terminology liability, qqq, subchapter, actuals • ESL test: Natural Resources • Financial terms • ESL Audio Online - English MP3 - English Pronunciation
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