A partnership is a business owned by two individuals; if three or more individuals organize a business, it must be established as a corporation
a. True
b. False
Indicate whether the statement is true or false
False
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The individuals you are most likely to in?uence with your persuasive presentation are referred to as your
A) target audience B) peer audience C) general audience D) leading audience
Asking a colleague or employee to walk through the steps outlined in a procedural document is recommended prior to finalizing the document
Indicate whether the statement is true or false
Which of the following statements is true about strict liability in tort?
A) Product liability actions based on strict liability in tort focus on the producer or manufacturer. B) To succeed in a strict liability action, the plaintiff must prove that the defendant did not exercise the degree of care that is reasonably expected under those circumstances. C) A failure by the manufacturer or seller to adequately warn of a risk or hazard associated with the product can be used by the plaintiff to establish that the product is defective. D) To be successful in a strict liability action, the plaintiff must prove that the product developed a defect before it was sold.
Which of the following is not one of the reasons a company might launch new competitive actions?
A. to find new sources of raw materials B. to obtain first mover advantages C. to improve market position D. to capitalize on growing demand