To make a profit, the prices of a small business must only cover direct costs.
Answer the following statement true (T) or false (F)
False
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Paltry Corporation has a pension plan that has a provision that employees will receive benefits upon retirement even though the employees are not working for the company at the time of retirement. Such a plan is characterized as
a. defined benefit. b. defined contribution. c. noncontributory. d. vested.
Fruits & Vegetables, Inc, employs hundreds of seasonal and permanent workers, both skilled and unskilled, in seven states. Fruits & Vegetables can hire illegal immigrants
a. if either the employer or the immigrants file special forms. b. only if the employer files a special form. c. only if the immigrants file special forms. d. under no circumstances.
Certified Financial Planners typically manage institutional portfolios
Indicate whether the statement is true or false.
_________ occurs when someone is "forced" to sign a contract; that is, the contract is made because of a threat that gave no sensible way out
a. Duress b. Fraud c. Discomfort d. Misrepresentation e. none of the other choices are correct