The lender has no say in the management or direction of the business, as long as the loan payments are made and contracts are not violated.

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


True

Business

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Dominic and Morgan are partners. Dominic has a capital balance of $360,000 and Morgan has a capital balance of $225,000. Morgan sells $125,000 of his ownership to Lance. Which of the following is TRUE of the items in the balance sheet?

A) The total equity decreases by $125,000. B) The total equity remains unchanged. C) Assets will decrease by $125,000. D) Assets will increase by $125,000.

Business

Which of the following is not a reason why price-earnings ratios would differ across firms?

a. Risk b. Profitability c. Growth d. Operating leverage

Business

Under the Electronic Communications Privacy Act, employers need only provide a legitimate business reason for monitoring employee email communication and are not required to notify employees of the monitoring

Indicate whether the statement is true or false

Business

An _______________________________ is a "neutral" employee of the company that facilitates discussions and informally mediates between employees and managers to help them resolve workplace disputes.

Fill in the blank(s) with the appropriate word(s).

Business