Even groups with mutually exclusive goals can find themselves in conflict.
Answer the following statement true (T) or false (F)
True
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From a sustainability perspective, one of the key areas of concern for many manufacturing firms is ______.
A. operating expenses B. throughput C. energy consumption D. excess inventory
Able is involved in an automobile accident and is injured. While he is unconscious, the police call an ambulance which takes him to a hospital. Able is treated at the hospital and released a day later. The hospital sends him a bill for $4,500, which Able refuses to pay, claiming it is too high and he never consented to the treatment because he was unconscious. Able:
a. has entered into a unilateral contract with the hospital and therefore will have to pay the bill. b. will have to pay the hospital, because this is a quasi-contractual agreement. c. has entered into an implied in fact contract with the hospital. d. and the hospital have entered into a bilateral contract, the terms of which require that he pay the bill.
When an investment in an equity security is sold, the sale proceeds are compared with the cost, and if the cost is greater than the proceeds, a gain on the sale of the security is recorded.
Answer the following statement true (T) or false (F)
A sole proprietor has very limited flexibility in managing the business
Indicate whether the statement is true or false