A responsibility center can be a department, division, or segment, but not a subsidiary of the parent company.
Answer the following statement true (T) or false (F)
False
A responsibility center is a specific unit of an organization assigned to a manager who is held accountable for its operations and resources. As such, a department, division, segment, or subsidiary could be considered a responsibility center.
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E-mation entered into a contract with a consumer, Ezra, a recent immigrant to the United States, who spoke very little English, and had no formal education. The contract provided for Ezra to pay $2500 for a computer system. The system was worth $400 . If E-mation sued Ezra for enforcement the contract, what is the most likely result?
a. The contract is enforceable because of usury statues. b. The contract is unenforceable because it is ancillary to a legitimate bargain. c. The contract is enforceable because of the exculpatory clause. d. The contract is unenforceable because it is unconscionable.
Meetings should only be called if the potential benefits outweigh the costs.
Answer the following statement true (T) or false (F)
Current customers are sources of leads for finding prospective customers.
Answer the following statement true (T) or false (F)
To locate a lawyer in helping with government regulations, a small business owner will refer to the ________.
A. Case Law Information Services B. National Small Business Association C. Martindale-Hubbell Law Directory D. General Accounting Office