Maddie has been working as the creative head at Juno Designs for the past 25 years. Although she likes her job, she has begun to feel like she is in a creative slump and has been considering leaving to start her own company. Maddie will be eligible for retirement in five years. After discussing it with her husband, she decides that leaving now would be a mistake. After she retires, she will reconsider the idea of starting her own company. This is an example of ________ commitment.
A. normative
B. associative
C. continuance
D. affective
E. ethical
Answer: C
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Trademarks:
a. serve as an index of quality b. identify the goods or services of a seller c. provide protection from unscrupulous competitors who want to confuse or deceive customers about their identity d. all of the above e. none of the above
Which of the following is true of goodwill?
A) Goodwill must be capitalized when acquired and amortized over seven years or less. B) Both created and acquired goodwill must be recorded in the books. C) Goodwill must be expensed when acquired. D) Goodwill is not amortized.
The discount rate used in a net present value analysis is the ________
A) rate of inflation B) rate of interest earned on a savings account C) required rate of return or the hurdle rate D) rate of interest charged for debt financing of an investment
A partner is responsible for his/her own actions, but not for actions taken by another partner on behalf of the partnership.
Answer the following statement true (T) or false (F)