Fiduciary duties include:
A) loyalty, care and obedience

B) loyalty, love and benefit.
C) helpfulness, service and knowledge.
D) knowledge, loyalty and representation.


A

Business

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Which of the following items would be deducted from net income to determine net cash provided by operating activities using the direct method?

A) loss on sale of plant assets and amortization of bond payable discount B) amortization of bond payable premium and gain on sale of equipment C) amortization expense and gain on sale of equipment D) None of these choices would be deducted from net income

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Hoteling generally involves employees who spend most of their days working on the premises

Indicate whether the statement is true or false.

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Defenses to Section 1 of the Sherman Act include:

A) Noerr doctrine. B) Unilateral refusal to deal. C) Conscious parallelism. D) All of the above. E) None of the above.

Business

Important product or service characteristics in organizational buying include which of the following?

A. A heavy emphasis is placed on delivery time, technical assistance, and postsale service. B. Products or services that are technical in nature and purchased on the basis of specifications. C. Direct selling to organizational buyers is rare. D. A fixed, nonnegotiable price is the norm. E. Personal relationships are preferred to online buying over the Internet.

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