The principal forms of business organization are: ______
A) sole proprietorships, joint ventures, and corporations.
B)unincorporated associations, partnerships, and corporations.
C)unincorporated associations, limited partnerships, and corporations.
D)sole proprietorships, partnerships, and corporations.
D
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Which of the following is true of a sole proprietorship in the United States?
A) It is the most expensive way to create a business organization. B) The daily management is controlled by the owner. C) The transfer of ownership is a complex process. D) The debt of the business is shared by all stakeholders.
In a dispute, it is the arbitrator's responsibility to
A. ensure each side receives a fair hearing. B. decide the case without passing judgment. C. interpret the intent of the labor agreement. D. get the parties to work together to solve their differences.
?The H&R Block company wants to adopt the marketing concept as a business philosophy. To be consistent with this decision, which of the following philosophies is most appropriate?
A. ?The customer is always right. B. ?Making money is our business. C. ?Sell, sell, sell. D. ?Keep prices low. E. Focus on today.
Josephine is seeking to expand her rare stamp collection. Each year, rare stamps increase in price at a three percent rate. She believes that if she invests her money for one year, she should be able to buy 16 stamps for what 15 stamps would cost today
What is her real interest rate (or reward for waiting)? A) Her real interest rate is about 4.23%. B) Her real interest rate is about 5.33%. C) Her real interest rate is about 6.33%. D) Her real interest rate is about 6.67%.