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A recent study by Bain shows examined decision-making effectiveness and team size. Which of the following summarizes their conclusions?

A. Decision-making effectiveness is reduced in teams with more than seven people. B. Decision-making effectiveness is increased in teams with more than seven people. C. Decision-making effectiveness is reduced in teams with less than three people. D. Decision-making effectiveness is increased in teams with less than three people.

Business

Robert hired James, a CPA, to prepare his tax returns. James was too busy and delegated the work to Sara, also a CPA. This delegation is:

a. enforceable, as Sara is also a CPA. b. enforceable, as there was no expectation James would do the work. c. not enforceable, as Robert hired James to perform personal services. d. not enforceable, as this violates public policy.

Business

Dian and Elton buy a duplex inFargo, North Dakota. On the death of either owner, that owner's interest in the duplex passes to his or her heirs. This is

a. ajoint tenancy. b. a life estate. c. a tenancy in common. d. ownership in fee simple absolute.

Business

Denise, Ervin, and Flem occupy the positions of directors on the board of Gallery Corporation. As directors, they may not

A. authorize major corporate policy decisions. B. decide to issue stock and bonds, and declare dividends. C. select and remove corporate officers. D. support businesses that directly compete with Gallery.

Business