The least formal method of alternative dispute resolution is:
a. court-annexed arbitration b. mini-trial
c. mediation d. negotiation e. arbitration
d
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Unless there is evidence to the contrary, an investor owning 25 percent of the stock of an investee is assumed to have significant influence
Indicate whether the statement is true or false
Before a jury has retired to consider its verdict, either party may ask the court to grant a directed verdict based on the evidence
a. True b. False Indicate whether the statement is true or false
Thurston Company started its business on January 1, Year 1 by issuing $15,000 of common stock. On March 1, Thurston issued a $27,000, 6% five-year note to Community Bank. Customers paid Thurston $54,000 for services performed in Year 1. The company paid $33,000 for operating expenses, and paid a $900 dividend to the stockholders. At year-end, Thurston recognized interest expense on the note.Required:a) What is the amount of interest expense Thurston will recognize in Year 1?b) What is the net income for Year 1?
What will be an ideal response?
How can an organization develop strategic flexibility?
A. It should commit resources only after thorough planning. B. It should monitor and evaluate its past strategies. C. It should depend on tried and tested perspectives from senior employees. D. It should have multiple alternatives when making strategic decisions.