General partners of a limited partnership have:
A) No liability.
B) Limited liability.
C) Unlimited liability.
D) All of the above.
C
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According to the ________ ethics tradition, people act out of habit than out of deliberations.
A. utilitarian B. Kantian C. virtue D. principle-based
Because laches is a constitutionally protected right, a legislature may not prohibit its
application by statute. a. True b. False
GNI income measures can give the impression that people in less-developed nations have less income than they really do.
Answer the following statement true (T) or false (F)
A manufacturer spends a large amount of money on research and development, leading to the introduction of a product that is likely to present the firm with a breakthrough opportunity. The manufacturer prices the product with the goal of achieving a 20 percent return on its investment. Which of the following types of pricing objectives is the company using?
A. profit maximization B. dollar or unit sales growth C. target return D. meeting competition E. nonprice competition