Karl, a small business owner, practices cronyism when he gives a job to an unqualified friend who

A) helps shovel his driveway.
B) has strong potential to learn the job in question quickly.
C) has worked for a competitor.
D) is in desperate need of a job.


Answer: A

Business

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a. It expresses the belief that different valuation bases are appropriate for different assets and liabilities. b. It is concerned with guaranteeing additivity of asset and liability amounts. c. It expresses the belief that the same valuation base should be used for all assets and all liabilities. d. Both b and c.

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Which of the following would be the least advisable technique to use when delivering a business presentation?

a. quotes from prominent people b. jokes and humor c. anecdotes d. numerous exact numbers and statistics

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Indicate whether the statement is true or false

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The first major application of the doctrine of strict liability for consumer products was in the area of:

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