Two or more sureties bound for the same debt of a principal debtor are known as:
a. absolute sureties.
b. cosureties.
c. conditional guarantors of collection.
d. co-creditors.
b
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A __________________ is something consumers purchase to satisfy a need.
a. Brand b. Product c. Service d. Both B & C
Karen is the sole breadwinner of her family. Every month, Karen has to pay electricity bills, water bills, and house rent. In this scenario, Karen's fixed monthly expenses are referred to as _____.
A. obligatory payments B. statutory payments C. nondiscretionary payments D. compulsory payments
Tina Robinson, Inc. (TRI) ? TRI management has decided to reinvent the culture of the organization. Previously, the company tried to make jobs more appealing by adding more responsibilities to each job description. However, this did not work. Next, the company decided to add flextime. It believed that this would make employees more dedicated. ? TRI then introduced even more work options for employees. For example, management decided to group all full-time employees into teams to allow employees with different backgrounds to learn from each other. Many different kinds of teams were allowed, as long as the group members did not interact via the Internet or any other electronic means. The managers reasoned that team members must work face to face to learn from and truly engage with each
other. ? Once these teams were formed, TRI management noticed that the quality of employees' work was much improved. The managers also observed that people felt much more comfortable with and tolerant of each other. Refer to Tina Robinson, Inc. Flextime is A. a system in which management sets the work hours for employees. B. a system in which employees set their own work hours with no limits. C. a system in which employees set their own work hours within employer-determined limits. D. working fewer hours than a standard work week. E. working more hours than a standard work week.
Daniel Miller deposited $90,00 . (present value) today at 8% compounded quarterly. Compute the quarterly withdrawal that Daniel can make each quarter for seven years and empty the account. Use Tables 23-2A and 23-2B or a calculator