Which of the following terms is used to describe the termination of a parent's right to receive services and wages from a child and to generally control him?

A. Incapacity
B. Ratification
C. Emancipation
D. Disaffirmation


Answer: C

Business

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Most companies handle export operations in-house

Indicate whether the statement is true or false

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Hay, Straw and Clover formed the HSC Partnership, agreeing to share profits and losses equally. Clover will manage the business for which he will receive a guaranteed payment of $30,000 per year. Cash receipts and disbursements for the year were as follows   Net income from operations (before guaranteed payment)$90,000Guaranteed payment to Clover 30,000What is Clover's share of the partnership's ordinary income and guaranteed payment?

A. Ordinary income, $30,000; Guaranteed payment, $10,000. B. Ordinary income, $30,000; Guaranteed payment, $30,000. C. Ordinary income, $20,000; Guaranteed payment, $30,000. D. Ordinary income, $20,000; Guaranteed payment, $10,000.

Business

Consider a local club selling Christmas trees. If demand is normal with a mean of 200 and a standard deviation of 50, how many trees should the club stock if service level must be greater than 95%?

What will be an ideal response?

Business

Little's Flow Equations are applicable for single-channel systems only

Indicate whether the statement is true or false

Business