When a partner retires from the business, the partner's interest may be purchased by one or more of the remaining partners or by an outside party

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


True

Business

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Donald, who is a resident of Louisiana, is robbed in Oklahoma County, Oklahoma. The robber, who is a resident of the state of Texas, is soon apprehended. Which of the following is the proper venue to hear this case?

A) state court in Louisiana because the plaintiff is from Louisiana B) state court in Texas because the defendant is from Texas C) Oklahoma federal court because the robber has committed a federal crime D) Oklahoma County Court because it is nearest in location to the scene of the crime

Business

This occurs when two or more of the largest creditors agree to postpone any claims, acting as stimulus for smaller creditors to also agree to the plan.

A. Substitution B. Composition settlement C. Extension D. Evolution

Business

Gary Silva, senior vice president of sales, U.S. Auto Parts Group at Genuine Parts, says NAPA doesn't have a cookie-cutter layout but builds stores based on market need, with each designed independently. "It would be easier if all the stores had the exact same layout, but it's not the right thing to do for independent owners because some areas have more professional customers and others have more do-it-yourselfers," he explained. From this information, you know that NAPA targets both ________ markets.

A. demographic and psychographic B. domestic and international C. business and consumer D. non-controllable and controllable E. internal and external

Business

Warby Parker wants to conduct a survey on consumers who wear glasses. It wants to give every person who wears glasses in the United States an equal chance of being chosen for the survey. First, though, it needs to separate those who wear glasses from those who do not. What type of sampling should Warby Parker use?

A. Random sampling B. Selective sampling C. Stratified sampling D. Nonprobability sampling E. Quota sampling

Business