In a limited liability company, every member has limited liability. 

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


True

Business

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The trade model of the Swedish economists Heckscher and Ohlin maintains that

a. absolute advantage determines the distribution of the gains from trade. b. comparative advantage determines the distribution of the gains from trade. c. the division of labor is limited by the size of the world market. d. a country exports goods for which its resource endowments are most suited.

Business

_____________is a measure of a company's ability to meet its future debt obligations after paying income taxes and interest costs and making capital expenditures

Fill in the blank(s) with correct word

Business

When disposing of equipment, the Equipment account is credited for the existing carrying value

Indicate whether the statement is true or false

Business

The Institute for Supply Management:

A) establishes laws and regulations for supply management. B) is an agency of the United Nations charged with promoting ethical conduct globally. C) publishes the principles and standards for ethical supply management conduct. D) prohibits backward integration into developing economies. E) grants Ph.D. degrees in purchasing.

Business