The WTO has the ability to force any member nation to take an action to which it is opposed.

a. true
b. false


Answer: b. false

Business

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The National Labor Relations Board has two major functions: one is to prevent unfair labor practices, and the other one is to

A. make rules and regulations for union-management relations. B. monitor and regulate labor relations in small, local businesses. C. conduct and certify representation elections. D. levy punitive charges on violators. E. conduct periodic onsite inspections of union and company financial records.

Business

The partnership is liable for torts committed by any partner of the firm while engaged in partnership business under the doctrine of ________.

A. ultra vires B. caveat emptor C. estoppel D. respondeat superior

Business

Recent ________________ often indicate how a word or compound has appeared previously

a. grammar rules b. dictionaries c. legal debates d. publications

Business

Given the options below, identify the correct accounting equation formula.

A. Liabilities = Assets + Owner's Equity. B. Assets + Liabilities = Owner's Equity. C. Assets + Owner's Equity = Liabilities. D. Assets = Liabilities + Owner's Equity.

Business