Exchanging goods for goods is called a:

a. measure of value
b. line of credit
c. medium of exchange
d. currency system
e. barter system


e. barter system

Business

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The basic thing the courts require for the creation of an offer is a future intent to contract on the part of the offeror.

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

Business

Mary, a team leader, wants to share information about a new bonus scheme with her team members. In this scenario, which of the following sequences should Mary follow to structure the good-news message??

A) ?A passive sequence B) ?An interrogative sequence C) ?An inductive sequence D) ?A deductive sequence

Business

The following balance sheet information is provided for Duke Company for Year 2:Assets   Cash$5,400 Accounts receivable 15,500 Inventory 18,000 Prepaid expenses 1,600 Plant and equipment, net of depreciation 20,200 Land 19,950 Total assets$80,650 Liabilities and Stockholders' Equity   Accounts payable$4,500 Salaries payable 11,500 Bonds payable (due in ten years) 19,000 Common stock, no par 30,000 Retained earnings 15,650 Total liabilities and stockholders' equity$80,650 What is the company's current ratio? (Round your answer to 2 decimal places.)

A. 2.53 B. 1.16 C. 3.79 D. 1.31

Business

The key goal of job control unionism is to:

A. Replace management decision-making with worker control B. Increase the union's role in subjective decision-making C. Remove management subjectivity from decision-making D. Replace detailed work rules with more flexible decision making processes

Business