The ______ refers to the ability of an owner in a business venture to sell or pass that interest to others
a. immovability of ownership interests
b. transferability of ownership interests c. removability of ownership interests
d. redistributionability of ownership interests e. mobility of ownership interests
b
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Prevailing trends in production systems reflect all of the following except:
a. emphasis on customer satisfaction b. shortened product lifecycles c. increased factory automation d. the change from "pull" to "push" production scheduling
Under which of the following circumstances can the mistaken party rescind a contract when
there is a unilateral mistake? A) The mistake did not become known until after the formation of the contract B) The mistake has a material effect on the value of the contract C) The mistaken party first held the mistaken belief prior to entering into the contract D) The mistaken belief is one that a reasonable person would have E) The nonmistaken party was aware of the mistaken party's belief
What is a firm's debt ratio if its total assets are $135,000, equity is $75,000, current liabilities are $24,000, and total liabilities are $105,000?
A) 140% B) 110% C) 50% D) 60% E) 78%
A POS terminal is a computerized cash register located in a retail store and connected to a bank's computer.
Answer the following statement true (T) or false (F)