The risk of illiquidity is increased if either cash and marketable securities are decreased, or if the
firm relies more heavily on long-term debt.
Indicate whether the statement is true or false
FALSE
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The acid-test ratio is a stricter test of a company's ability to pay its current debts as they are due than the current ratio is
a. True b. False Indicate whether the statement is true or false
Which of the following refers to a set of benefits that a company promises to deliver to customers to satisfy their needs?
A) customer lock-in B) a cartel C) marketing mix D) value proposition E) market segmentation
Which of the following would be most appropriate to visualize the future potential?
a. a sketch b. a feasibility plan c. a pitch deck d. a business model
Dusty delivered his car to Gage's Garage for some routine repairs and at the time of delivery, was advised that the car would be ready in two days. That night, Dusty's car was stolen from the garage and was never recovered
If Dusty takes legal action against Gage in order to recover the value of the car, what will be the legal position? A) Dusty will not be able to recover the value of the car from Gage as he will be deemed to have assumed the risk of its loss. B) The garage operators will be deemed to have absolute liability for all goods lost in their possession. C) Dusty will have to prove that the garage operators were involved in the theft. D) Gage will not be found liable if it can show that it took reasonable measures to safeguard the car. E) The court will impose a very high standard of care on Gage which must show that it took every precaution to safeguard the car.