Barriers to successful succession planning, discussed in the text, include which of the following?

a. nobody wanting to own the firm
b. lack of a final will
c. death anxiety
d. lack of profits


ANSWER: c

Business

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According to government statistics, which of the following estimates the losses to creditors from bust-outs?

a. $100,000/day b. $50 billion/year c. $1 million/ year d. $10,000/day

Business

Under the 1995 disclosure rules, a lobbyist is ________

A) anyone who pays for meals for Congressional aides B) anyone who is paid by a third party to make more than one "lobbying contact" C) anyone who does research or provides background for lobbying purposes D) anyone who asks a government official to recognize a client in the Congressional Record

Business

In general, an enabling statute delegates to an administrative agency congressional executive power for the purpose of serving the "public interest, convenience, and necessity."

Indicate whether the statement is true or false

Business