Crane sold a house to O'Brien, unaware that there was asbestos in the walls. May O'Brien sue Crane for fraud or to rescind the contract of sale?
No. A seller of real property must only disclose to a buyer defects of which he is aware.
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A decision support system's _____ module is a database or data warehouse that provides the data for the intelligence phase of decision making.
A. data management B. model management C. dialog D. knowledge base
________ refers to the presence of differing cultures, languages, ethnicities, races, affinity orientations, genders, religious sects, abilities, social classes, ages, and national origins of the individuals in a firm.
Fill in the blank(s) with the appropriate word(s).
Since retained earnings is a more expensive source of financing than debt and preferred stock, the weighted average cost of capital will fall once retained earnings have been exhausted
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Sole proprietorships are similar to general partnerships in that the owners of each report the profits or losses of the business on his or her own tax return. 2. In order to qualify as a partnership, the partnership must be owned and operated by at least three different people. 3. All general partners have unlimited liability. 4. In a limited partnership all of the partners are called limited partner, and all of the partners have special tax advantages and protection from liability. 5. The chief distinction of a master limited partnership (MLP) is that it has at least one limited partner who has been certified to be a master at operating a limited partnership.