Answer the following statements true (T) or false (F)
The relationship between persons, behaviors, and the world can be understood as the separate parts.
Ans: False
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There is no risk in a world of certainty.
Answer the following statement true (T) or false (F)
The ownership in a corporation is divided into shares of stock, which carry rights to a share in the profits of the firm through future dividend payments
Indicate whether this statement is true or false.
Which of the following demonstrates deep-level diversity?
A. The Chicago Bulls basketball team is made up of players with a variety of personal values. B. The people who volunteer for the local animal shelter have a wide variety of expertise that they use to help fundraise for the organization. C. The marketing team has five members, but only Gary has a specific job title that he can put on his resume. D. The manufacturing team at Revlon responsible for making and packaging makeup is comprised of people of a variety of ages. E. The Milwaukee Brewers baseball team has players with a variety of nationalities.
When Kevin and Marshall formed the equal KM LLC, the fair market values of their interests were each $100,000. Kevin contributed $60,000 cash, equipment with a basis of $0 and a fair market value of $10,000, and a small parcel of land in which he had a basis of $50,000 and that was valued at $30,000. Marshall contributed receivable that was valued at $100,000 and in which his basis was $0. Kevin has a basis in his partnership interest of $110,000 and Marshall’s basis is $0.
Answer the following statement true (T) or false (F)