Because fixed costs do not vary with a firm's revenues, firms with high levels of fixed cost enjoy
lower levels of operating risk because their costs are more certain, making budgeting easier.
Indicate whether the statement is true or false
FALSE
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What is the purpose of an ethical framework?
a. To provide a defined methodology to solve the ethical problem. b. To provide a defined methodology to aid the user in making complex ethical decisions. c. To provide a defined program to solve ethical dilemmas. d. To provide all of the above.
The relationship between unions and minority workers in the U.S. is complex but can be summarized as:
A. Unions have largely been hostile toward minority workers. B. Unions have been strong advocates for diversity throughout their history. C. Union behaviors toward minorities have reflected larger social patterns of discrimination. D. Unions have little influence or interest in issues of racial discrimination; they have remained largely neutral on the subject.
Betty Lee and Susan Mikel have a longstanding feud. In order to get back at Susan, Betty made the following entry on her face book page:"? People stay away from Susan Mikel
She has stolen so much from me and trust me, if she gets the chance, she will rip off her own mother.'? Which of the following statements is TRUE? A) If Susan sues Betty for defamation, Betty can use fair comment defence B) Betty has committed slander against Susan C) Betty committed no tort because nobody will take her words seriously D) Susan can sue for defamation if the statements made about her are not true E) None of the above
Which of the following is true of founders' shares?
A. Founders' shares are certificates that represent ownership in stocks of foreign companies held in trust by the bank that created the founders' shares. B. The terms founders' shares and Euro stocks are used interchangeably. C. Founders' shares are stocks owned by the creators of a company that have sole voting rights but generally pay out only restricted (if any) dividends for a specified number of years. D. Founders' shares are issued by foreign companies and traded in the United States. E. With the exception of shares traded in the United States, any shares that are traded in a country other than the issuing company's home country are called founders' shares.