What is a reason the government prefers electronic banking over paper banking?
A) Increased transaction costs
B) Decreased float
C) Decreased electronic use
D) Decreased banking fraud
B
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When McDonald's makes an advertising claim that the company offers the best-tasting hamburgers, the practice is known as:
A) a code of ethics violation B) misleading and deceptive advertising C) puffery D) cross-promotions
What are a manager's options if the action she decided to take isn't working? Why should a manager resist the urge to "stick it out" when feedback is negative?
What will be an ideal response?
After a Falcon's Lair customer injures himself while rock climbing, the firm should handle the situation by ________
A) waiting to respond to Internet stories B) concealing specific details from connectors C) paying the customer's medical bills D) blaming the equipment manufacturer E) swiftly communicating with stakeholders
Mumtaz, Badia and Ilya are partners in a business partnership, called MBI. Mumtaz contributes $15,000 to the business, Badia contributes $10,000 and Ilya contributes $5,000. There is no agreement of how they will share partnership profits and losses. In addition, the partnership borrows A $30,000 from the bank. The business doesn't work out, and MBI is unable to repay the loan. The bank sues Mumtaz personally. The amount Mumtaz can legally recover from Ilya is:
A) nothing B) $5,000 C) $10,000 D) $15,000 E) $30,000