Profit will depend primarily on which of the following?
a. the amount of revenue that your company can bring in
b. both revenue and cost
c. the value of the company
d. the number of customers generated
b. both revenue and cost
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What type of business entity is an organization providing limited liability to partners without restrictions of limitedpartnership often used by lawyers and accountants?
a. Limited partnership b. General partnership c. Limited liability partnership d. Limited liability company
A study that used the Wong and Law Emotional Intelligence Scale (WLEIS) found that leaders high on emotional intelligence were able to
a. get promoted faster b. influence the job satisfaction of their followers, as well as their organizational citizenship behavior c. convince themselves that they had done a better job, even though objectively they performed the same as others d. detect lies in the workplace better than leaders low on emotional intelligence could
Under the Uniform Commercial Code, when the minor has sold goods and the buyer has resold them to a good faith purchaser for value:
a. the minor can disaffirm and recover the property. b. both the purchaser from the minor and the good faith purchaser for value acquire legal title. c. the good faith purchaser for value acquires legal title. d. the good faith purchaser for value receives a voidable title.
Any kind of notice of dishonor that informs the recipient of potential liability is sufficient
a. True b. False Indicate whether the statement is true or false