A covenant not to compete is enforceable only if it is reasonable in duration and geographic area.

Indicate whether the statement is true or false.


Answer: True

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The Financial Accounting Standards Board (FASB) has expressed a strong preference for the indirect method, but allows companies to use the direct method in calculating the cash flow from operating activities

a. True b. False Indicate whether the statement is true or false

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What are the two main areas where personality is formed as stated in the textbook?

A. fauna and foster B. foster and hinder C. nature and nurture D. natural and nutritive

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SCENARIO-BASED QUESTIONS Rotary Club Invites Speaker The Rotary Club in your city would like to invite the attorney general of your state to speak at its monthly meeting. Although the attorney general seldom accepts these kinds of invitations, you

believe that you can persuade her to make an exception by asking her to discuss one of her special projects, ethical business practices. A complicating factor for you is that the meeting you want the attorney general to attend is only two months away. Required: As secretary of the Rotary Club, write this request, adding whatever terms of persuasion you feel would be necessary to influence the attorney general to accept the invitation. Address the letter to Ms. Susan Reston, the attorney general of your state.

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South Carolina is facing budget cuts. The number of employees needs to be reduced over the next three years at all state agencies. The state decides to stop hiring new employees to fill vacated positions to comply with budgetary constraints. This approach is called

A. attrition. B. natural turnover. C. layoffs. D. passive firing. E. downsizing.

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