If we have the perception that our power position is ________ than our counterpart’s, we are ________ likely to use power-balancing tactics.
A) Higher; more
B) Lower; more
C) Lower; less
D) None of the above
B) Lower; more
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Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $60,000 and $40,000, respectively. Ramsey is admitted to the partnership and is given a 40% interest by investing $20,000 . What is Benson's capital balance after admitting Ramsey?
a. $20,000 b. $24,000 c. $48,800 d. $71,200
A marketer is interested in segmenting a business market on ________ if the marketer intends to eventually segment the market based on loyalty and attitudes toward risk
A) situational factors B) purchasing approaches C) personal characteristics D) operating variables E) demographic variables
Under the voucher system, every transaction is recorded at the time of
A) requisitioning B) ordering C) incurring D) paying
A minor may disaffirm a contract only after attaining the age of majority.
Answer the following statement true (T) or false (F)