Formal power primarily comes from the qualities of a person or how others view him or her.

Answer the following statement true (T) or false (F)


False

Business

You might also like to view...

A clothing store has opened a credit account in which Judy, a college student, gets Alice, her older sister, to agree to pay the amount owed on the account if Judy fails to do so. Which of the following statements is true of this scenario?

A. Alice is the guarantor, and Alice's contract must be in writing to be enforceable. B. Alice is the guarantor, and she is primarily liable to make the payments. C. Judy is the obligor, and she is contractually liable to the guarantor. D. Judy is the obligor, and she is secondarily liable to the clothing store.

Business

Which of the following statements about external competitiveness is true?

A. External competitiveness refers to pay relationships among employees of an organization. B. External competitiveness refers to the budget allocation for a department relative to other departments in an organization. C. External competitiveness refers to the competitiveness between employees of an organization. D. External competitiveness refers to an organization's pay relative to other organizations. E. External competitiveness refers to the total compensation paid by an employer to an employee.

Business

A premium on common stock:

A. Is the difference between par value and issue price when the amount paid is below par. B. Represents capital gain on sale of stock. C. Occurs when a corporation sells its stock for more than par or stated value. D. Represents profit from issuing stock. E. Is prohibited in most states.

Business

Which of the following is most likely to be a no-load fund?

A) Value funds B) Hedge funds C) Growth funds D) Index funds

Business