In a partnership, majority rule applies to such actions as an assignment for the benefit of creditors
Indicate whether the statement is true or false
False
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Rick is excited that his engineering staff will soon be very busy, in fact overloaded, with new project work. He immediately begins to review options for addressing his labor deficit, including
A. instituting a hiring freeze, promoting current employees to boost morale, and laying off excess staff. B. instituting a hiring freeze, reducing salaries to be cost competitive, and outsourcing work to contractor. C. hiring new employees, demoting current employees so that more attractive positions will be available to new hires, and outsourcing work to contractors. D. hiring new employees, promoting current employees to new positions, and laying off excess staff. E. hiring new employees, promoting current employees to new positions, and outsourcing work to contractors.
Which of the following types of salespeople is essential for selling installations to producers?
A. order takers B. customer service reps C. order getters D. technical specialists E. missionary salespeople
An illusory promise has the form of a promise but imposes no real obligation
Indicate whether the statement is true or false
If the expected dividend growth rate is zero, then the cost of external equity capital raised by issuing new common stock (re) is equal to the cost of equity capital from retaining earnings (rs) divided by one minus the percentage flotation cost required to sell the new stock, (1 - F). If the expected growth rate is not zero, then the cost of external equity must be found using a different formula.
Answer the following statement true (T) or false (F)