The WTO General Agreement on Trade in Services applies basic GATT Principles to service industries
Indicate whether the statement is true or false
True
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Which of the following is true of a partner's right to compensation?
A. Compensation is never presumed to be the partner's share of the profits. B. The partners may agree that one or more of them is to be paid a salary in addition to sharing in profits. C. The partners may not agree that one or more of them is to be paid a salary, which will not be deducted at the end of the year from his or her profits. D. A partner is always entitled to salary or wages.
Which of the following is an example of an informational question that you should avoid?
a. "How are you doing this morning?" b. "All right, so you started here in June 2003—after working for Caterpillar—to the best of your recollection?" c. "Didn't you suspect that something wasn't right?" d. "What are your duties here?" e. "Please tell me about your job.".
A company uses the perpetual inventory system and recorded the following entry:Accounts Payable2,500 Merchandise Inventory 50Cash 2,450This entry reflects a:
A. Purchase of merchandise on credit. B. Payment of the account payable less a 2% cash discount taken. C. Payment of the account payable less a 1% cash discount taken. D. Sale of merchandise on credit. E. Return of merchandise.
Compare and contrast mission statements, vision statements, and values statements
What will be an ideal response?