Which principle of Islamic law prohibits any contract gain that is not clearly outlined at the time of contract, especially when it involves risk and deception?
A)gharar
B)ijtihad
C)shari'a
D)jus cogens
A
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Which of the following is not true regarding currently attainable standards?
A) They can be achieved under efficient operating conditions. B) Allowance is made for normal breakdowns, interruptions, etc. C) They are challenging but achievable. D) They tend to achieve higher performance levels from personnel. E) All of these statements are true.
Explain how improvisation can help develop an entrepreneurial mindsets.
What will be an ideal response?
Donnelley Products sells 2,500 kayaks per year at a sales price of $470 per unit
Donnelley sells in a highly competitive market and uses target pricing. The company has $1,000,000 of assets, and the shareholders wish to make a profit of 16% on assets. Variable cost is $180 per unit and cannot be reduced. Assume all products produced are sold. What are the target fixed costs? A) $1,175,000 B) $1,015,000 C) $160,000 D) $565,000
When the accounts receivable of a firm have been factored, bad debt losses remain the
responsibility of the borrowing firm and must be made good. Indicate whether the statement is true or false