If a firm has no sales, it has no costs.?
Answer the following statement true (T) or false (F)
False
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One way to invite reserved or quiet team members into a meeting is to ask them questions.
Answer the following statement true (T) or false (F)
Meredith has a vacation rental house in the Sierra Mountains. During the year, she and her immediate family used the house for 12 days for a personal vacation. Meredith spent two more weekends (4 days in total) repairing the deck. Meredith also rented her house (at fair value) to her brother and his family for 9 days (in addition to her personal use). The house was rented for 180 days. How should the cabin be categorized this year for tax purposes? Explain your answer.
What will be an ideal response?
You own Priscilla's Pecans. You employ five people and sell your pecan products in one town in Georgia. Your products are not sold in any other state. The federal government imposes regulations on the pecan industry. The Georgia legislature issues its own safety laws that are stricter than the federal rules. Georgia also places a tax on pecan products made out-of-state because it fears those
products will not be as safe as those produced in Georgia under the strict Georgia regulations. The regulations raise the cost of doing business. To register your unhappiness with the Georgia regulations you attach a label to your products that alerts customers to the rules and expresses your view that the rules are unnecessary and too costly. You donate $10,000 to the campaign of Lucinda Snopes, a friend who is running for the legislature. She opposes the pecan law. Buddy Reeves, the county attorney, reads the label criticizing the new safety regulations. He draws up a complaint against you and against Priscilla's for distributing inflammatory statements in commerce. He instructs the sheriff to seize your products in order to stop distribution of your statement, which the sheriff does. You contact attorney Travis Shifflett and ask him to represent you. The sheriff's confiscation of your goods may pose which, if any, of the following problems? a. the sheriff searched your premises without a warrant, thus violating your 4th Amendment rights b. even though the sheriff searched your premises without a warrant, there is no constitutional problem becauseFourth Amendment rights apply to persons, not businesses c. a Sixth Amendment takings problem may be involved d. no constitutional problems arise from the sheriff's acts e. all of the other choices are correct
_____ is an example of personal property.
A. Jewelry B. A mutual fund C. A corporate bond D. A charge account E. A certificate of deposit