Lay days are the number of days that a charterer may keep a chartered ship idle for the loading of goods
Indicate whether the statement is true or false
True
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Which of the following is an example of a force for change originating outside the organization?
A. productivity issues B. conflict management C. structural reorganization D. social and political pressures E. absenteeism
Which of the following is least likely to be considered a routine or positive message?
A) Answers to routine requests B) Denial of claims and adjustments C) Recommendations D) Routine informational messages E) Good-news announcements
When fraud is committed during the sale of goods, all states allow the remedy of rescinding a contract while still allowing the remedy of suing for damages
a. True b. False Indicate whether the statement is true or false
Compared to corporations, what is the primary disadvantage of partnerships as forms of business organizations??
A. ?The tax rates applied to partnerships are higher than the tax rates applied to corporations. B. ?Any dividends paid to the owners of a partnership business are taxed twice, once at the partnership level and once at the personal, or individual level. C. ?Partnerships generally are more complex to form (start up) than corporations. D. ?Partnerships have unlimited lives whereas corporations do not. E. ?The owners of a partnership, that is, the partners, have unlimited liability when it comes to business obligations whereas the owners of a corporation have limited liability.