The idea that courts should not be heavily involved in lawmaking, but rather should only rule in cases where the constitutionality is clear is known as

A. judicial review.
B. judicial activism.
C. judicial reform.
D. judicial restraint.


Answer: D

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A corporation has 10,000 shares of $100 par stock outstanding. If the corporation issues a 5-for-1 stock split, the number of shares outstanding after the split will be 40,000

a. True b. False Indicate whether the statement is true or false

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Which of the following is more characteristic of an entrepreneur than a manager?   

A. High need for achievement B. External locus of control C. Belief in personal control of destiny D. Motivated by organizational rewards E. Tolerance for risk

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Which of the following organizations is likely to use the multiple-factor index method to estimate the market potential?

A) a firm that manufactures auto parts B) a firm that provides facility management services to large offices C) a company that provides Web site development services for small businesses D) a company that manufactures diagnostic machines for hospitals E) a firm that manufactures fashionable clothes for teenagers

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Using the allowance method of accounting for uncollectible receivables requires an estimate of the amount of receivables that will not be collected.

Answer the following statement true (T) or false (F)

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