Answer the following statements true (T) or false (F)
Agency theory explains that firms have an incentive to report voluntarily to the capital market because they are competing for risk capital.
ANSWER: F
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A majority of partners must agree before one partner can bind the other partners to a contract if he or she is acting within the general scope of the business
Indicate whether the statement is true or false
Budgets are:
A) key component of planning. B) financial plans for the future. C) an identifier of objectives and the actions needed to achieve them. D) used for communication and coordination. E) all of these.
Congress passed a law imposing penalties for displaying "indecent" material online where children could see it. If the U.S. Supreme Court subsequently rules that the statute conflicts with the First Amendment of the U.S. Constitution, the statute is void
a. True b. False Indicate whether the statement is true or false
The use of multiple distribution channels that complement organizations' brick-and-mortar stores with websites, catalogs, and apps where consumers can research products, read other buyers' reviews, and make actual purchases is known as
A. multichannel retailing. B. dual retailing. C. multimedia retailing. D. dual distribution. E. multi-wholesaling.