The GATS provides a provision for a departure from the principle of national treatment to ensure that direct taxes may be effectively collected on services
Indicate whether the statement is true or false
True
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Which of the following statements is true of accommodation sureties?
A. They are people paid for serving as a surety. B. They are protected by the courts at a higher level than other types of sureties. C. They are professional companies that take payment for acting as a surety. D. They must show that they will be harmed by an extension of time before they are relieved of responsibility.
______ are tales based on real organizational experiences that have been passed down to become legends over time.
A. Stories B. Ceremonies C. Symbols D. Rituals
Which of the following statements best describes use of social networks by businesses today?
A) All companies are comfortable with using social networking for brainstorming and teamwork. B) Companies struggle with finding the right balance between permitting access to the Web and protecting security as well as ensuring productivity. C) Companies must run their own social networks to capitalize effectively on the benefits this medium offers. D) Large companies create buzz and promote their brands via social networking, but social networking offers no benefit to small businesses.
Allison buys equipment and pays cash of $50,000, signs a note of $10,000 and assumes a liability on the property for $3,000. In addition, Allison pays an installation cost of $500 and a delivery cost of $800. Allison's basis in the asset is
A) $60,000. B) $63,000. C) $63,500. D) $64,300.