Chrysler Recalling 349,442 Older Model Vehicles

Chrysler Recalling 349,442 Older Model Vehicles

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses Chrysler's ignition key issue, which may cause keys to get stuck, leading to a minor accident. General Motors received a credit rating upgrade from Standard & Poor's, indicating stable financial prospects despite recall costs. Sears, led by Edward Lampert, faces financial difficulties and failed to secure a $400 million loan from Saint Joe, as it seeks more funds to cover mounting losses.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What issue is Chrysler currently facing with its vehicles?

Transmission problems

Brake failure

Ignition keys getting stuck

Engine overheating

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the new credit rating given to General Motors by Standard & Poor's?

Double B Plus

Triple B negative

Single A

Triple A

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the outlook for General Motors' credit measures according to Standard & Poor's?

Positive

Stable

Negative

Uncertain

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company was unable to finalize a $400 million loan deal with Sears?

Saint Joe

Fairholm Fund

General Motors

Edward Lampert

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the hedge fund investor running Sears?

Carl Icahn

Edward Lampert

George Soros

Warren Buffett