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Indicate whether the statement is true or false.


Answer: FALSE

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Which of the following statements is true about the Federal Arbitration Act (FAA) of 1925?

A. The FAA restricts parties from obtaining a court order to compel arbitration with an arbitration agreement. B. The FAA restricts federal courts from hearing issues of law that have been decided by an arbitrator. C. The FAA provides that arbitration agreements involving commerce are revocable contracts under ordinary circumstances. D. Breach of contract cases and tort claims are not candidates for arbitration as per the FAA.

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Companies today have to compete across multiple attributes for a firm’s core competencies, as a consequence of ______.

A. fewer customer expectations B. increasing globalization C. increasing government regulation D. greater employee expectations

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Within each federal district court is established a bankruptcy court staffed by bankruptcy judges

Indicate whether the statement is true or false

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Which of the following is/are a typical cash need(s) of one's estate?

A) Funeral expenses B) Legal fees C) Outstanding debt D) Estate and inheritance taxes E) All of the above

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