All of the following are requirements of a partnership except

a. formation by two or more persons.
b. express agreement.
c. formation to carry on a business.
d. operation for profit.


B

Business

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Manufacturers of systems such as razors and ink jet printers use a system of pricing called "two-part pricing": one price for the disposable products and another for the "hardware."

Indicate whether the statement is true or false

Business

New research in cognitive psychology has revealed a strong connection between language and ____________.

Fill in the blank(s) with the appropriate word(s).

Business

Costs that have been incurred in the past but are no longer relevant to decision making are ________

a. discontinued b. differential c. relevant d. sunk

Business

The major advantages in the use of company department managers as auditors are objectivity and lack of time pressure

Indicate whether the statement is true or false

Business