Which of the following is NOT an advantage of a partnership?
A. separation of partner's duties
B. the taxation of profits
C. the issue of liability
D. specialization of individuals
Answer: C
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Answer the following statement(s) true (T) or false (F)
1. Risk is the chance of something bad happening. 2. Risk analysis is an important element of environmental policy development. 3. Risk that is deliberately assumed is considered involuntary risk. 4. Exposure to passive or secondhand smoke is a type of voluntary risk. 5. Both hazard and exposure define environmental risk, but each can independently affect the outcome.
Which of the following Federal Reserve Banks carries out the decisions of the FOMC?
A) the Kansas City Federal Reserve Bank B) the New York Federal Reserve Bank C) the Dallas Federal Reserve Bank D) the San Francisco Federal Reserve Bank E) the Atlanta Federal Reserve Bank
Explain the relationship between the interest rate on a bond and the default risk on a bond
What will be an ideal response?
If Spain is capable of producing either tapas or soccer balls or some combination of those two products, then Spain should:
A. trade only if it possesses the absolute advantage in the production of both goods. B. remain self-sufficient if it can produce both efficiently. C. produce the good it has an absolute advantage in producing. D. produce the good it has a comparative advantage in producing.