If a limited partner votes on an amendment to the partnership agreement allowing a new business venture, he will not lose his limited status
a. True
b. False
Indicate whether the statement is true or false
True
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The term incremental cost refers to
a. the difference in total costs between alternatives. b. a cost that does not entail any dollar outlay but that is relevant to the decision-making process. c. the profit forgone by selecting one choice instead of another. d. a cost that constitutes expenses to be incurred even though there is no activity.
Because of their higher margins, faster turnover, and narrower assortments, convenience food stores have the potential to be more profitable than supermarkets.
Answer the following statement true (T) or false (F)
The Federal Trade Commission (FTC) is responsible for protecting businesses, but not consumers, from anticompetitive behavior and unfair and deceptive practices.
Answer the following statement true (T) or false (F)
The most active investment banking firm in the private placement market is ________
A) Merrill Lynch B) Lehman Brothers C) Goldman Sachs D) Morgan Stanley