Juanita Salazar signs a standard from bank guarantee form containing a continuing
guarantee clause for her husband Carlos. Which of the following is TRUE?
A) Juanita is called a guarantor.
B) Juanita is called the indemnifier
C) Carlos is called the principal debtor
D) Both A and C
E) Both B and C
D
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According to the principle of comparative advantage, specialization and trade increase a nation's total output since
a. resources are directed to their highest productivity. b. the output of the nation's trading partner declines. c. the nation can produce outside of its production possibilities frontier. d. the problem of unemployment is eliminated.
The collection of businesses and products that make up a company is called its ________
A) strategic business unit B) supply chain C) strategic plan D) business portfolio E) internal value chain
An employee receives an hourly rate of $40, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $350; cumulative earnings for year prior to current week, $99,700; social security tax rate, 6.0% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings. What is the gross
pay for the employee? A) $775.00 B) $1,840.00 C) $1,960.00 D) $1,562.60
Passive voice is
A) the past tense form of a verb. B) the verb to be + the past participle of the verb (for example, was broken). C) a present tense action verb.