Two or more workers functioning together to achieve a common goal or purpose is called a
A. unit.
B. force.
C. team.
D. business unit.
E. task force.
Answer: C
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Indicate whether the statement is true or false.
In the event a negligent driver is liable for a judgment of $100,000, but has only $25,000 of coverage under applicable insurance he or she owns, the balance of $75,000 must be paid by the
a. the negligent driver. b. the state uninsured drivers fund. c. must be paid by the vehicle's registered owner if a commercial lender.. d. the drivers insurance company.
Accountants like to value a derivatives portfolio at
A. The bid price B. The offer price C. The exit price D. Original cost less depreciation
The buyer is likely to have power over the seller in the negotiation to purchase a business if
a. the seller has already purchased another business. b. potential buyers are numerous. c. the buyer's backers wish to invest quickly. d. the seller has no deadline for selling.