________ is a style of dealing with conflict involving cooperation on behalf of the other party but not being assertive about one's own interests.
A. Collaboration
B. Competing
C. Compromise
D. Avoidance
E. Accommodation
Answer: E
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Mr. Raynold writes a will placing his estate in a trust on his death. He names a local bank as the trustee to administer the trust and invest its assets
The trust provides that when his grandson reaches the age of 23, the trust will terminate, and he will be given legal title to the assets. Mr. Raynold dies when the grandson is 12 years old. At the age of 23, the grandson inherits the title to the assets. What kind of trust is created by Mr. Raynold in this scenario? A) an inter vivos trust B) a testamentary trust C) a constructive trust D) a resulting trust
Flitter reported net income of $19,000 for the past year. At the beginning of the year the company had $203,000 in assets and $53,000 in liabilities. By the end of the year, assets had increased to $303,000 and liabilities were $78,000. Calculate its return on assets:
A. 35.2%. B. 7.5%. C. 6.3%. D. 9.4%. E. 24.0%.
________ is a barrier to entry.
A. Environmental uncertainty B. Price reductions C. Brand identification D. Capital requirements E. Advertising campaigns
Cash is a highly liquid asset, but cash equivalents are not highly liquid assets
Indicate whether the statement is true or false