Which of the following businesses is most likely to be organized as an LLP?
A) a bookstore run by two partners
B) an international retail chain
C) an accounting firm run by two partners
D) a stationery store owned by an individual
C) an accounting firm run by two partners
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Answer the following statements true (T) or false (F)
1. When faced with a decision, Myles asks himself "Why not just take the easiest way out?" This approach, known as relaxed change, is a form of evidence-based decision making. 2. Danielle, the IT department chair at a community college, has been having problems with her students not coming to class, so their grades are suffering. If Danielle were to use defensive avoidance to respond to this situation, she would likely respond by procrastinating, passing the buck, or denying the risk of any negative consequences. 3. With an escalation of commitment bias, decision makers increase their commitment to a project despite negative information about it. 4. The larger and more diverse the group, the higher the quality of the decision.
If Connie buys real estate subject to an existing mortgage, she will have to pay the mortgage if the mortgagor does not
a. True b. False Indicate whether the statement is true or false
Three basic factors that determine which sources of short-term financing a firm uses are the
effective cost of financing, the availability of credit, and the influence of the use of a particular credit source on the cost and availability of other sources of financing. Indicate whether the statement is true or false
_____ is the most significant force for global development.
a. Individuality b. Capitalism c. Voodoo economics d. Free enterprise