Sections 1 and 2 of the Sherman Act have extraterritorial reach

a. True
b. False
Indicate whether the statement is true or false


True

Business

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If a retiring partner agrees to withdraw less than the book value of his/her interest, the effect of the transaction will decrease the capital accounts of the remaining partners

a. True b. False Indicate whether the statement is true or false

Business

Which of the following statements about sales puffery is true?

A. Puffery typically occurs when a salesperson deliberately makes erroneous statements. B. The difference between sales puffery and statements of fact is easy to distinguish. C. Generally, the less knowledgeable the customer, the greater the chances the court will interpret a statement as actionable. D. A salesperson's statements of puffery should be taken at face value and considered factual. E. Misrepresentation cases are judged on the use of standardized words and phrases.

Business

Which of the following occurs when prices and the cost of living rise while money loses its purchasing power?

A) prosperity B) recovery C) inflation D) deflation E) a depression

Business

Which of the following is NOT one of the basic sections of the practitioner’s model for HRM?

A. How can we reward and maintain our human resources? B. What types of work flows/designs are necessary for increased productivity? C. How does the organization sustain itself over the long-term? D. How do we manage the organizations in human resources successfully? E. Which organizational functions are critical in order to ensure viability over the long-term?

Business