In Anglo-Saxon society, men were put into groups of ten, known as a "tithing" and were individually held responsible for any injury caused by any member of the group. This is the forerunner of the idea of business partnerships

Indicate whether the statement is true or false


True

Business

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By identifying aspects of our endeavors that we naturally enjoy and trying to increase these as much as reasonably possible is:

a. building more naturally enjoyable features into our life’s activities b. intentionally focusing our thoughts on the naturally rewarding aspects of activities and self-goal setting c. intentionally focusing our thoughts on the naturally rewarding aspects of our activities d. intentionally focusing our thoughts on the naturally rewarding aspects of our activities and building more naturally enjoyable features into our life’s activities

Business

When a word ends in y, always change the y to i and add es to form plurals

Indicate whether the statement is true or false.

Business

Which of the following financing activities results in a cash inflow?

A) Buying treasury stock B) Issuing bonds C) Repaying a bank loan D) Paying cash dividends

Business

A owns a ranch in Wyoming, which B offers to purchase. A is not willing to sell the ranch but is willing to exchange the ranch for an apartment complex in Louisiana. The complex is available for sale. B purchases the apartment complex in Louisiana from C and transfers it to A in exchange for A's ranch. The ranch and the complex each have a $1,000,000 fair market value. Which of the following is true?

A. The transaction qualifies as a like-kind exchange for A but not for B. B. The transaction does not qualify as a like-kind exchange for either B or A. C. The transaction qualifies as a like-kind exchange for B but not for A. D. The transaction qualifies as a like-kind exchange for both B and A.

Business