The evidence needed to satisfy the statute of frauds may be an informal memorandum

Indicate whether the statement is true or false


T

Business

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A general partner in a limited partnership ________.

A) has less personal liability for the debts of the business than the limited partners B) is the majority shareholder and is not involved in the daily business activities C) has unlimited personal liability in the partnership D) is the first owner to receive a share of profits and losses

Business

Describe the benefits of employee engagement.

What will be an ideal response?

Business

Your friend has agreed to lend you $5,000 today if you will repay him $5,061.36 in three months. What annual interest rate is your friend charging you for this loan?

A) 1.23% B) 5.00% C) 2.47% D) 5.36%

Business

Which of the following would not cause the break-even point to change?

A. Sales volume decreases. B. Fixed cost decreases. C. Variable costs per unit increases. D. Sales price increases.

Business