When you deliver bad news about business transactions (such as a delayed order shipment), you should always apologize to the audience

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: You should offer an apology only if your company has made a mistake or has been negligent in some way. Otherwise, you should simply explain the situation and focus on how it can be fixed as soon as possible.

Business

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When a limited liability company is dissolved, any member who did not wrongfully dissociate may participate in the winding up process.

Answer the following statement true (T) or false (F)

Business

A misunderstanding concerning a basic assumption on which a contract is made will support the rescission of the deal if the mistake is

a. bilateral. b. unilateral. c. lateral. d. any of the choices.

Business

Rent-a-CenterSelected data from the financial statements are provided below:  2020 2019 Current Assets$12,000 $6,000 Long-Term Assets14,000 8,000 Current Liabilities4,000 6,000 Long-Term Liabilities14,000 0 Stockholders' Equity8,000 8,000 Net Sales19,000 18,200 Net Income2,000 1,000 Refer to Rent-a-Center. Which of the following is true regarding the debt management ratios between 2019 and 2020?

A. The debt-to-equity and debt-to-total assets ratios both increased. B. The debt-to-equity and total debt-to-total assets ratios both decreased. C. The debt-to-equity and long-term debt-to-equity ratios both decreased. D. The debt-to-equity ratio decreased and the debt-to-total assets ratios increased.

Business

Markets can be segmented by geography, demography, sociocultural factors, and psychological factors.

a. true b. false

Business