In the context of the fundamental rights of capitalism, which of the following statements is true about capitalism?
A. It doesn't guarantee that anyone will actually earn profits.
B. Itdepends on government regulations to drive higher quality and lower prices.
C. Businesses are not free to buy, or not buy, according to their wishes.
D. Businesses are not free tospend after-tax profits however they want.
Answer: A
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Which of the following statements is true of limited liability partnerships (LLPs)?
A. The partners are not required to file an LLP form with the state. B. They necessitate that all existing partnerships be dissolved. C. They are relatively difficult to organize around an existing partnership. D. The partners maintain an adequate amount of professional liability insurance.
Which of the following is a characteristic of a high-performing team?
A. Team members are deeply committed to their individual growth and development. B. High-performing teams typically arise during the storming phase. C. High-performing teams are essential for organizations. D. High-performing teams are common.
Corporate income taxes are reported as a separate expense item on the income statement
Indicate whether the statement is true or false
If Bill tells Sara that he will give her two days to decide if she wants to buy his car, he cannot sell it to anyone else during that time
Indicate whether the statement is true or false