Which of the following is not a characteristic of firms that exhibit corporate entrepreneurships?
a. being dynamic
b. being flexible
c. being prepared to take on new business opportunities
d. being stagnant Fill in the blank(s) with the appropriate word(s).
ANSWER: d
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When a notes receivable is discounted, the business that endorses the note becomes potentially liable to the bank. This liability is called a
a. potential liability. b. dependent liability. c. conditional liability. d. contingent liability.
A quotation for a company listed on the New York Stock Exchange would not show
A) its dividend yield. B) its P/E ratio. C) its book value. D) the number of shares traded.
An agreement that lacks consideration is said to be
a. illegal. b. a benefit to the promisor. c. a benefit to the promisee. d. unenforceable.
When software is well-designed, programmers make no mistakes in turning design specifications into lines of code
a. True b. False Indicate whether the statement is true or false