Which of the following is an advantage of general partnerships?

A. Partners capitalize on complementary skills.
B. All partners have limited liability.
C. A partner's investment stays with the company even when he or she withdraws.
D. Partnerships have negligible scope for disagreements.


Answer: A

Business

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Controlling the ingredients that go into certain products and reducing the level of advertising "noise" are part of proposals relating to the consumer's right to ________

A) not buy a product that is offered for sale B) expect a product to perform as claimed C) be well informed about important aspects of the product D) be protected against questionable products, promotions, and marketing practices E) influence marketing practices in ways that will improve quality of life

Business

The unit contribution margin divided by the selling price per unit is the ________.

What will be an ideal response?

Business

The arbitration process strongly resembles court proceedings in that it utilizes similar rules of evidence, burden of proof, etc. However, unlike a judge, the arbitrator also has the ability to work outside these rules when necessary. As such, arbitration can be called a _______________________________ process.

Fill in the blank(s) with the appropriate word(s).

Business

GPS utilizes location-based services (LBS), applications that use location information to provide a service, whereas a GIS does not use LBS applications.

Answer the following statement true (T) or false (F)

Business