A sector fund invests in only one industry

Indicate whether the statement is true or false.


TRUE

Business

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Jefferson has a capital balance of $65,000 and devotes full time to the partnership. Washington has a capital balance of $45,000 and devotes half time to the partnership. If no other information is available regarding distributions, in what ratio is net income to be divided?

a. 6.5:4.5 b. 1:1 c. 4.5:6.5 d. 1:2

Business

Tina perceives herself to be a responsible person because she does not misuse company assets, she is always truthful, and she treats others fairly. She upholds moral and legal laws and conforms to the expectations of others. At which level of moral development is Tina operating?

A. Discretionary B. Preconventional C. Principled D. Consensual E. Conventional

Business

Goal programming and linear programming differ in that

A) in LP, the objective function is maximized or minimized, while in goal programming, the deviation between goals and possible achievement is minimized. B) slack variables are used in LP, while deviational variables are used in goal programming. C) deviational variables have positive objective function coefficients in goal programming, but slack variables have 0 coefficients in LP. D) All of the above E) None of the above

Business

Under the lien theory, the mortgagor has the right to possession of the property until there has been a foreclosure

Indicate whether the statement is true or false

Business