A partner's authority to act for the partnership is similar to the authority of a(n):
A) agent to act for a principal
B) independent contractor to act for an employer.
C) shareholder to act for a corporation.
D) employee to act for another employee.
A
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A firm has a degree of financial leverage of 1.20 . If earnings before interest and tax increase by 20%, then net income:
a. will not necessarily change. b. will increase by 20%. c. will decrease by 24%. d. will decrease by 20%. e. None of the answers are correct.
Which of the following is a nontariff trade barrier?
A) strike B) quota C) boycott D) exchange premium E) restrictive product standards
A ________ is a limited partnership with liquid investment, and whose limited partnership interests are traded on organized securities exchanges such as the New York Stock Exchange
A) limited liability limited partnership B) sole proprietorship C) foreign limited partnership D) master limited partnership
Results evaluations often give employees responsibility for their outcomes and discretion over the way they accomplish them.
Answer the following statement true (T) or false (F)