Using exact interest, the amount of interest on a $7,000 loan at 5% interest for 200 days is ?$191.78
Indicate whether the statement is true or false
True
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If the net income of a partnership is less than the total of the allowances provided by the partnership agreement, the difference must be divided among the partners in the income-sharing ratio
a. True b. False Indicate whether the statement is true or false
Claudia makes $30,000 a year. The median income for her state is $28,000. She owes over $50,000 in various debts and is considering ways to address her situation. Which of the following is not one of her options to fix her debt issues?
A. Chapter 7 bankruptcy. B. Attempt to negotiate a workout with her creditors. C. Chapter 13 bankruptcy. D. Pay off her loans.
Which of the following statements most accurately describes the position that the courts adopt with respect to non-competition clauses in an employment contract?
A) Any restriction lasting for more than one year will automatically be deemed unreasonable. B) They will only be enforceable if the employee at the time of agreeing to the provision had had independent legal advice. C) They will be enforced if they are reasonable limitations D) They are strictly unenforceable on grounds of public policy. E) They are enforceable if it is justa restriction based on a certain distance away from the previous employer's business
Which of the following strategies is most likely to benefit when doing business with managers who use an external control approach?
A. Employing a flexible attitude and be willing to compromise and keep the peace B. Focusing more on others such as customers, partners, and colleagues C. Understanding that there is comfort with waves, shifts, and cycles, which are regarded as naturals D. Remembering that it is of most importance to maintain one's relationships with others