Tortfeasor is the term for a person who commits a tort.
Answer the following statement true (T) or false (F)
True
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Unlimited liability refers to
A) a claim to the partners' personal assets by creditors if the partnership cannot pay its debts. B) the ability of any partner to bind the partnership to a business agreement as long as he or she acts within the scope of the company's normal operations. C) co-ownership of partnership property. D) the method of income distribution.
Exercising contempt power is a delegable government function
a. True b. False
Which of the following is calculated by dividing net revenue by average net fixed assets?
A. Fixed asset turnover B. Current ratio C. Total asset turnover D. Net profit margin
The ________ approach to strategic planning is used by multinational corporations that need a country-centered or multi-domestic strategy.
A. economic imperative B. political imperative C. administrative coordination D. quality imperative