A misrepresentation is material if:
A) it would likely induce a reasonable person to enter into a transaction.
B) it changes the price paid by the buyer.
C) it is made knowingly.
D) All of these.
A
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The Big Mac Index is an example of purchasing power parity (PPP), an international measure of junk food consumption.
Answer the following statement true (T) or false (F)
Most publicly traded firms operate as corporations. Which of the following is/are not true?
a. The corporate form facilitates the transfer of ownership interests because owners can sell their shares without affecting the ongoing operations of the firm. b. The transfer of ownership interests is a transaction between shareholders and does not involve the firm whose shares change hands. c. Investors make capital contributions under a contract between themselves and the corporation. d. The corporation has legal status separate from its owners. e. none of the above
All of the following are mentioned in the text as types of critical analysis to assist managers with their decision-making process except
a. Stakeholder analysis b. Rights-based analysis c. Government-based analysis d. Duty-based analysis
Laura is the CEO of her company. There are about 25 people in her company as a whole. She manages a team consisting of departments called sales and marketing, accounting, technology, human resources, and administration. Even though her company is relatively small, she has to be careful of the lack of communication between the departments because of their tendency to work apart from each other. Laura works in which type of organizational structure?
a. Divisional b. Simple c. Matrix d. Functional