Which of the following is not a characteristic of a general partnership?
a. the partnership is created by a contract
b. mutual agency
c. partners share equally in net income or net losses unless an agreement states differently
d. dissolution occurs only when all partners agree
d
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Every year there is the annual awarding of the coveted “Salesperson of the Year Award,” which recognizes and rewards outstanding work. Owen and Hazel are neck and neck and are working extra hard to win this year’s award. This is an example of which organizational culture artifact?
A. story B. ceremony C. symbol D. ritual
Penetration pricing is the opposite of skimming pricing
Indicate whether the statement is true or false
Although likely to cause later conflicts, which conflict resolution strategy is the most commonly used by managers?
A. forcing B. avoiding C. accommodating D. compromising
A force majeure clause usually excuses nonperformance caused by natural disasters such as floods, tornadoes, and earthquakes.
Answer the following statement true (T) or false (F)