The visionary strategy of the Chief Executive Officer of Volkswagen which included switching the German plants entirely to the new model, failed due to all of the following reasons except:
A) resistance on the part of German unions.
B) confusion among American dealers about where it was made.
C) investment of billions of dollars in Skoda autoworks in Czechoslovakia.
D) investment in SEAT in Spain.
E) continued demand for Beetle model in the United States.
E
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Ricardo borrowed $5,000 from his friend, Lorenzo. Ricardo signed a handwritten note stating, "I promise to pay $5,000 to Lorenzo on or before August 1, 2001, in return for the same amount borrowed from him on May 1, 2001." Under these circumstances, the note is ________.
A. not negotiable because the note states the reason for the debt B. negotiable because it was handwritten C. not negotiable because the note is not payable to bearer or to order D. negotiable because it is a simple contract
In the AD partnership, Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio, respectively. They decide to admit David to the partnership. Each of the following questions is independent of the others.Refer to the information provided above. David invests $40,000 for a one-fifth interest in the total capital of $220,000. What are the capital balances of Allen and Daniel after David is admitted into the partnership? AllenDanielA)$160,000 $60,000 B)$136,000 $36,000 C)$140,000 $40,000 D)$137,000 $39,000
A. Option A B. Option B C. Option C D. Option D
A product consists of three components with reliability of 0.95, 0.95, and 0.95, respectively. The second component has a backup with reliability of 0.95. Calculate and indicate product reliability.
a. 0.90% b. 0.87% c. 0.76% d. 0.83%
One danger of starting a proprietorship is that you may be exposed to personal liability if the business goes bankrupt. This problem would be avoided if you formed a corporation to operate the business.
Answer the following statement true (T) or false (F)