Credit cards and charge cards are e-payment instruments that allow the holder to make purchases up to a fixed limit and charge interest each month on unpaid balances
Indicate whether the statement is true or false
FALSE
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If the net income of a partnership is less than the total of the allowances provided by the partnership agreement, the difference must be divided among the partners in the income-sharing ratio
a. True b. False Indicate whether the statement is true or false
In raising capital, an IC can look
A. at developing country markets. B. at IMF loans. C. at checking account facilities and overdraft protection. D. within the larger company and in home, host-country, and third-country capital markets.
If we pay our employees for knowledge, skills, and abilities they may never use in the workplace, our overall compensation cost ____________.
A. does not change B. changes insignificantly C. goes down D. goes up E. None of the above
Gaston bought a toaster made by Robinson Electric Co One day while using
the toaster, it exploded causing him to sustain serious injury. The accident occurred either as a result of faulty parts supplied by the parts manufacturer, negligent assembly by the toaster manufacturer or negligent handling by the local retailer. Gaston sued Robinson Electric, the parts manufacturer and the local retailer for his injuries. Which of the following statements is TRUE? A) There will be a presumption that the manufacturer is responsible for the injuries caused. B) Gaston has to prove specifically which of the three companies was responsible for the defect causing his injuries. C) If each of the three defendant are unable to prove which one of them was responsible for the accident, none of them can be held liable. D) If each of the three defendants are unable to prove which one of them was responsible for the accident, they may all be held equally liable. E) Gaston can sue only the manufacturer of the toaster.