____________________ refers to the authority of government to regulate business activity for the general welfare of the public
Fill in the blank(s) with correct word
Police power
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A resolution by the board of directors to set aside a part of the credit balance of the retained earnings account for a specific use is called
a. earnings retained in the business. b. an appropriation. c. a recapitalization. d. a deficit.
Governments can help all businesses by_____
a. prioritizing multi-national companies over domestic ones b. maximizing nationalization of the private sector c. protecting the interests of the society at large d. promoting anti-competitive practices
Generally, in comparison to a donee beneficiary, a creditor beneficiary has
a. about the same legal rights. b. substantially greater rights. c. substantially fewer legal rights. d. virtually no legal rights.
In queuing problems, which of the following probability distributions is typically used to describe the number of arrivals per unit of time?
A) binomial B) normal C) Poisson D) exponential E) lognormal