Publicly offered partnership interests are:
A. generally unattractive to investors in the early years of ownership.
B. the primary method of creating general partnerships.
C. of vital interest to persons hoping to actively manage a business.
D. generally tax shelters for the original purchasers during the early years of ownership.
Answer: D
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In the 1950s, which company used transistor technology licensed from Bell Labs to develop the transistor radio?
A) Nokia B) Sony C) Panasonic D) RCA E) Sanyo
Which of the following statements about biased decision making is true?
A. Hindsight helps you correctly assess what you should have known beforehand. B. When you are making a decision and you have considerable experience in that area, you are then most likely to be overconfident. C. When confronted with a choice, people with strong prior beliefs tend to make their decisions based on their beliefs even if their beliefs are false. D. Sometimes a single event can allow you to determine the trend. E. You could confidently make a decision about something by asking 20 of your friends and deciding based on their preferences.
Hettrick International Corporation's only product sells for $120.00 per unit and its variable expense is $52.80. The company's monthly fixed expense is $396,480 per month. The unit sales to attain the company's monthly target profit of $13,000 is closest to: (Round your intermediate calculations to 2 decimal places.)
A. 5,753 B. 6,093 C. 3,412 D. 7,755
Which of the following is true of a consignment agreement?
A. The owner of goods delivers them to another who is to act as the owner's agent in selling the goods. B. If a manufacturer delivers all goods to its dealers on a consignment basis, the dealer cannot lawfully fix the price of those goods. C. If a manufacturer delivers all goods to its dealers on a consignment basis, the goods become the property of the dealer. D. It is always held to be joint action.