In 1986, the U.S. Congress passed the Telecommunications Competition and Deregulation Act
Indicate whether the statement is true or false
FALSE
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A liability for dividends exists only when the board of stockholders requests them
Indicate whether the statement is true or false
Without a strategic framework, managers lack the context in which to
A. analyze the emerging market opportunities more precisely. B. fix things that really matter to business-unit performance and competitive success. C. communicate aspirations for the company. D. employ the company's resources in the pursuit of sustainable competitive advantage. E. carry out companywide goals related to the dynamics of a single business model.
A partner cannot violate the terms of the partnership agreement and withdraw and dissolve the partnership at any time
Indicate whether the statement is true or false
The Ibbotson Associates studies of rates of return suggest that 1. Treasury bills match the rate of inflation 2. stocks of smaller companies generate higher returns than larger companies 3. corporate bonds generate higher returns than Treasury bonds
A. 1 and 2 B. 1 and 3 C. 2 and 3 D. 1, 2, and 3