Switching costs can be explicit or implicit.
Answer the following statement true (T) or false (F)
True
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Answer the following statements true (T) or false (F)
1. In discourse ethics, parties should have different levels of power and standing. 2. Interpersonal trust imposes an ethical obligation on the person being trusted. 3. Dialogue is limited to friendly interactions between friends or family. 4. Mindfulness and effective listening are two productive communication behaviors that 5. Successful communication is often listening centered rather than speaking centered.
Peter, Preston, and Penny organize an LLC (limited liability company) in the month of January. While composing the operating agreement, they forget to include the amendment clause. Six months later, the situation demands an amendment to the operating agreement. Which of the following would best apply in this scenario?
A) The operating agreement can be amended if all three members approve. B) The operating agreement cannot be amended as it contains no amendment provision. C) The operating agreement can be amended with the affirmative majority of all shareholders. D) The operating agreement can be amended only 60 days after a new amendment provision is included.
Which is not a problem of forward contracts?
A) A lack of liquidity B) A lack of flexibility C) The difficulty of finding a counterparty D) Default risk
E-mail messages
a. are more expensive to send that printed memos b. can be sent quickly c. take longer to send than a printed memo d. cannot be sent to someone in another company