A person may be admitted to a partnership only with the consent of all the current partners

Indicate whether the statement is true or false


True

Business

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Joe borrowed $10,000 at 10% per year and promised to pay it back in equal annual installments at

the end of each of the next 5 years. Joe's payment will be $2,100 [($10,000/5 ) + ($10,000 × 10%)]. Indicate whether the statement is true or false

Business

In the context of established economies, despite setbacks, ________ remains a formidable international competitor and is well poised in all three major economic regions: the Pacific Rim, North America, and Europe.

A. Argentina B. Chile C. Japan D. China

Business

Four of the five commissioners for the Federal Trade Commission were working late one evening in their Washington, D.C. offices. The four were catching up on their electronic mail. The four soon discovered each others' presence on electronic mail. One commissioner wrote to the other three, "Let's get some business done so long as we're all here. We could resolve that unfair competition case

that's pending for next month. We can iron out our differences via e-mail." The electronic exchanges of the commissioners would: A) be protected because they are internal agency actions. B) violate the Government in the Sunshine Act open meeting laws. C) be considered law enforcement issues and would be protected from open-meeting laws. D) not be a meeting without some staff members present.

Business

Southpoint is about to declare bankruptcy and has asked customers, owners, and coworkers to serve on a committee so that the concerns of all affected groups are heard. This follows the guidance of which procedure?

A. Consistency B. Correctability C. Ethicality D. Bias suppression E. Representativeness

Business