A department store is an example of a manufacturer
a. True
b. False
Indicate whether the statement is true or false
False
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Distributive tactics the other party uses in a negotiation to put pressure on negotiators to do something that is not in their best interest is referred to as ________ tactics.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a difference between a Subchapter S corporation and a limited liability company?
A) A Subchapter S corporation has no limitation on number of members, whereas a limited liability company limits ownership interests to no more than 35 shareholders. B) In a Subchapter S corporation, each owner has unlimited personal liability for debts of the organization, whereas in a limited liability company, liability of the owners is limited to loss of capital contribution. C) In a Subchapter S corporation, profits are taxed to owners as ordinary income and losses are deducted by them, whereas in a limited liability company, profits are taxed as income to corporation and again as income to owners when distributed as dividends. D) A Subchapter S corporation does not allow the owners control over daily management decisions, whereas a limited liability company does.
Assume that Denmark, a member of the European Union, is contemplating the enactment of a protective tariff for its fledgling CD industry due to domestic political and economic pressures. Assume further that the EU has a tariff that it has also enacted for all CD manufacturers within the EU that is considerably lower than the one that is being proposed in Denmark. The policy behind the lower EU
tariff is to promote freer trade even at the risk of destroying some of the weaker manufacturers in that organization. In this situation: A) Denmark could enact the higher tariff since EU members give up no authority to the organization in regulating trade and business practices. B) Generally, when EU economic policies and rules conflict with the laws of member nations, EU law will prevail. Thus, Denmark's tariff may be illegal. C) Denmark could petition the United Nations Council of Economic Policy and if it concurs with Denmark, the EU tariff policy would be overridden. D) Assuming Denmark is a signatory to WTO, it could retain its higher tariff since the purpose of WTO is to protect domestic industries by promoting higher tariffs.
If your property insurance pays you market value for your loss, it pays you the amount the item is worth now.
Answer the following statement true (T) or false (F)