Southpoint is about to declare bankruptcy and has asked customers, owners, and coworkers to serve on a committee so that the concerns of all affected groups are heard. This follows the guidance of which procedure?

A. Consistency
B. Correctability
C. Ethicality
D. Bias suppression
E. Representativeness


Answer: E

Business

You might also like to view...

The difference between accrual-based revenue and accrual-based expenses is called _________________________

Fill in the blank(s) with correct word

Business

On January 1, 2015, Chain, Inc issued $400,000, 10-year, 10% bonds for $354,200 . The bonds pay interest on June 30 and December 31 . The market rate is 12%. The interest expense on the bonds at June 30, 2015 is

a. $20,000 b. $24,000 c. $21,252 d. $17,710

Business

________ is a promise to refrain from doing an unlawful act, and therefore is a promise that will not support a contract

A) Preexisting duty B) Illusory promise C) Illegal consideration D) Gift promise

Business

The body of rules that must be followed and obeyed can also be referred to as:

A) the law. B) the equity. C) checks and balances. D) none of the above.

Business