When two friends decide to open a florist and gift shop, and they agree to share all work, debts, and profits equally, the friends have created a(n):

A) limited partnership.
B) general partnership.
C) corporation.
D) S corporation.


B

Business

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Doris and Daniel are working on an ad campaign. Doris calls Daniel and tells him to spend $15,000 on TV ads, but Daniel thinks he hears Doris say "spend $50,000 on TV ads.” If we apply the communication model to this situation, Doris is the ______.

A. noise B. sender C. receiver D. decoder

Business

You have calculated, using the high-low method, a variable cost per machine hour of $0.80 for your production power costs. Power costs at 6,000 machine hours are $5,400; at 9,000 machine hours, they are $7,800 . What are the total fixed costs that you would use to estimate production power costs for your company at any level within your relevant range?

a. $600 b. $6,400 c. $2,400 d. $4,800

Business

The technical common law rules governing admissibility of evidence are used by most administrative agencies during hearings

a. True b. False Indicate whether the statement is true or false

Business

A giant telecommunications company that was previously owned by the government of Sunzabia, a European country, is sold to an independent industrialist to ensure that the company is handled in a more efficient way. The given scenario exemplifies _____.

A. privatization B. globalization C. a joint venture D. a coalition

Business