In a limited partnership:
a. all partners have limited liability.
b. only general partners have limited liability.
c. only limited partners have limited liability.
d. limited partners have no liability.
e. no partner has any liability.
c
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A firm that serves small market segments that are not being served by bigger firms is known as a market ________
A) challenger B) leader C) follower D) nicher E) entrant
The CEO of a defense industry contractor company discovers, through some internal audits, that significant amounts of unsupported and unethical cost inflation have been going on in her company. As a result, she chooses to sign the Defense Industry Initiative. Which of the following will result from her decision?
a. a voluntary commitment to create a written business ethics code b. a legal requirement to allow inspections by an independent regulatory agency c. a voluntary commitment to reduce the CEO to employee compensation ratio d. a legal requirement to establish an internal ethics program
________ argue that an act is ethically right if the performance of similar acts by all similar agents would produce the best results in society or has done so in the past
A) Humanists B) Act utilitarians C) Rule utilitarians D) Deontologists
States do not have trademark statutes
Indicate whether the statement is true or false