If a business involves high risk, a single factor such as ________ will be so important as to outweigh other factors.
A. limited liability
B. financing
C. formalities
D. taxation
Answer: A
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If the Swiss demand for dollars is inelastic, then a depreciation of the dollar against the franc will lead to a greater quantity of francs being supplied to the foreign exchange market to obtain dollars.
a. True b. False
A just-in-time operation seeks to eliminate all product support functions
Indicate whether the statement is true or false
The feature called, “Personal Reflections: It’s Easy to Become a Leader!,” is about:
a. how to learn leadership skills by joining clubs, community groups, and workplace committees b. how to become a leader by doing more of the work that needs to be done in clubs or committees c. both “a” and “b” d. how easy but unethical tactics help unscrupulous people emerge as leaders
Margaret has $3,200 cash after selling off her 52" flat screen television, Blu-Ray player, and laptop computer. She has debts of $4,800 owing to the following creditors: Anna $900 Bob's Electronics $1,500 Hyatt's Computing $2,100 Jordan $300 If they all agree to a composition agreement, how much will Hyatt's be able to collect?
A) $2,100 B) $1,400 C) $700 D) $1,050