Lucas has been saving his excess funds for several years and has contemplated entering a partnership with a friend from college. Lucas hesitates because he knows that it is ____ to invest money in a partnership and ____ to get the money back out.

A. difficult; difficult
B. easy; difficult
C. easy; impossible
D. easy; easy
E. difficult; easy


Answer: B

Business

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In comparison to other areas of service processes, a service shop is characterized by ______.

a. a high level of labor skill b. a narrower span of supervision c. a tall managerial hierarchy (i.e., with many levels in the hierarchy) d. a low level of customer interaction

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Ramon purchased 5,000 pounds of coffee from Quick Jump Coffee. The coffee was to be delivered on September 1 . Since the contract included a date for performance, time is of the essence and the delivery date is strictly enforceable

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

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Fernanda is a salesperson for Aeropostale. Her compensation is based on a set salary plus a commission based on sales. Fernanda's compensation is based on a

A. straight salary compensation plan. B. combination compensation plan. C. cafeteria plan. D. straight commission compensation plan. E. salary plus bonus program.

Business