Julian is operating an illegal gambling operation. Even though the income is not legal, it is classified as earned.

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


True

Business

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There are two general types of franchises: business-format franchises and ________ franchises.

A. manufacturing B. product-distribution C. general service D. venture E. distribution

Business

An agent who wishes to avoid liability on contracts he enters into on behalf of the principal should make sure that the principal is:

A) The degree of disclosure is irrelevant. B) Partially disclosed. C) Fully disclosed. D) Undisclosed. E) Either partially disclosed or fully disclosed.

Business

Bess wishes to appeal a decision of a bankruptcy court. Bess may appeal to

a. no court—there is no appeal from a bankruptcy court decision. b. a federal district court. c. the U.S. Supreme Court. d. a state court.

Business

The ________ is a Paris-based international economic organization whose mission is to help its 30 member countries achieve sustainable economic growth and employment and raise the standard of living in member countries while maintaining financial stability in order to contribute to the development of the world economy.

A. Organization for European Economic Cooperation B. Organizational Council of Europe C. Organization of European States D. Organization for Economic Cooperation and Development

Business