Entrepreneurs are accurately described as

a. gamblers.
b. risk takers.
c. calculated risk takers.
d. risk averse.


ANSWER: c

Business

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Most preferred stock currently being issued is participating, while it is very unusual to find the cumulative feature in preferred stock today

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

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Corporate bylaws specify the relationship between the corporation and the Securities and Exchange Commission.?

Answer the following statement true (T) or false (F)

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In breach of the partnership agreement, Trimble, a partner in the partnership of Morris, Newt, and Oppie, Ltd. quits the partnership and goes to work for a competitor. The former partners may ask the court for

A. specific performance requiring Trimble to return to work for Morris, Newt, and Oppie, Ltd. B. an injunction to prevent Trimble from working in competition with the former partners. C. special damages under the rule of Hadley v. Baxendale. D. liquidated damages as compensation for the breach.

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Digital imaging uses bit-mapped, or ____, images.

A. raster B. vector C. either a. or b. D. neither a. nor b.

Business