In order to charge interest on outstanding accounts, the method of calculating the interest, as well as the total interest charged, administrative costs or other fees must be set out specifically in the contract
Which of the following statements is TRUE?
A) The total interest charged may not exceed 45% per annum.
B) Only the interest rate has to be stated for it to be a legal charge.
C) This is required for consumer transactions only
D) This is required for all contracts regardless of the parties.
E) The interest must be expressed in a monthly form totaling no more than 50% annum.
C
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Negotiation researchers rely predominantly on the term ________ because the research examines socialized differences, not differences that can be traced to biological causes or markers.
Fill in the blank(s) with the appropriate word(s).
Entrepreneurs experience stress, but they also have high job satisfaction. They tend to be ________ healthy and ________ likely to retire than those who work for others.
A. more; less B. less; less C. equally; equally D. more; more E. less; more
Zappos and Amazon focus on customer service. What purpose does this serve in terms of attaining behavioral control?
A. It uses culture to sustain their primary source of competitive advantage. B. It uses rewards and incentives to sustain corporate culture. C. It gives management more control over employees. D. It demonstrates to employees the importance of articulating explicit goals and objectives.
All of the following are disadvantages that Sean should consider before entering a partnership agreement with his cousin except
A. lack of continuity. B. effects of disagreements with his cousin. C. the inability to get out the money he invests. D. unlimited liability. E. double taxation.