In pledging accounts receivable, the percentage advanced against the adjusted collateral is determined by the borrower based on its overall evaluation on the quality of the acceptable receivables and the expected cost of the liquidation

Indicate whether the statement is true or false


FALSE

Business

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Some critics, including consumer groups and government officials, suggest that certain products should not be promoted because they

A. cost too much. B. are illegal. C. are potentially harmful. D. do not last. E. are not competitive.

Business

A standard is a sales price, cost, or quantity that is expected under normal conditions

Indicate whether the statement is true or false

Business

In Zhou v. Bickley, Zhou helped Bickley start a motorcycle repair shop. When they got into a dispute later, the courts held that:

a. Zhou and Bickley were partners, so each was owed the fair market value of his share in the organization b. Bickley was a partner but breached his duty to Zhou by not working, so could be fired from the partnership c. Bickley was not a partner, he was an employee subject to wrongful dismissal and could sue for damages for that d. Zhou and Bickley were partners, as Zhou provided funds needed to start the business that was largely run by Bickley e. none of the other choices

Business

Which of the following statements is TRUE about data administration?

A. It defines standards for the use of cryptographic suites. B. It is involved in establishing data safeguards. C. It merely involves developing data policies. D. It applies to individuals and not to the entire organization. E. It is a line function to the chief information officer.

Business