In the expected ________ method, a plan of strategies is determined by each player so that expected gain of one equals the expected loss of the other
Fill in the blank with correct word.
Answer: gain and loss
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Which of the following is a disadvantage of the corporate form of business?
A. A corporation faces difficulty in attracting substantial amounts of funds. B. The owners of a corporation are subject to unlimited personal liability for the business' debts. C. Setting up a corporation is more complex and time-consuming than setting up a proprietorship or a partnership. D. A corporation is said to have limited life. E. Ownership interests cannot be transferred as easily as proprietorship or partnership interests.
Which of the following increases as repairs move from the maintenance department to the depot service?
A) cost B) replacement time C) competence D) operator ownership E) A, B, and C
Roger, a minor, buys a stereo from Tuneland, Inc Roger uses the stereo for a few months, returns it to Tuneland, and demands his money back. Roger may rescind the contract, return the stereo and get his money back
Indicate whether the statement is true or false
Fashions, Inc has 12 shareholders. There is no shareholder agreement concerning the board of directors. The company is subject to the Model Act. How many directors is Fashions, Inc required to have?
A) None. B) One. C) Two. D) Five.