________ are the moral principles and beliefs about what is the right or appropriate way to behave.
A. Societal norms
B. Values and norms
C. Ethics
D. Individual values
E. Laws and regulations
Answer: C
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Both Bison Autos and Sparrow Inc. incur a cost of $9,000 to manufacture a vehicle. However, the economic value created by Sparrow Inc. is more than that created by Bison Autos. What does this indicate?
A. Bison Autos has a competitive advantage over Sparrow Inc. B. Bison Autos has created a higher value gap than Sparrow Inc. C. Both Bison Autos and Sparrow Inc. have achieved competitive parity. D. Sparrow Inc. can charge a premium price on its automobiles.
The ability of a partner to enter into a contract on behalf of all partners is called
A) the partnership agreement. B) voluntary association. C) mutual agency. D) unlimited liability.
A(n) ____________________ is a list of all the accounts used that an entity uses to capture its business activities
Fill in the blank(s) with correct word
A seller's remedies upon the buyer's default:
a. may be goods oriented, money oriented, or obligation oriented. b. are subject to the doctrine of election of remedies. c. are, under the UCC, the same as a buyer's remedies for the seller's breach. d. All of these.