In a general partnership, each partner is an owner and has a right to share in the profits of the business.
Answer the following statement true (T) or false (F)
True
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A disadvantage to the use of quick response (QR) inventory planning is that a retailer may not have adequate alternative sources of supply
Indicate whether the statement is true or false
Under the Federal Rules of Civil Procedure, a motion for dismissal may be granted
when no genuine issue of material facts exists and a party is entitled to judgment as a matter of law. a. True b. False
Cloverton Corporation had net income of $30,000, net sales of $1,000,000, and average total assets of $500,000. Its return on total assets is:
A. 3% B. 1.5% C. 6% D. 200% E. 17%
A consulting firm has received 2 Super Bowl playoff tickets from one of its clients. To be fair, the firm is randomly selecting two different employee names to "win" the tickets. There are 6 secretaries, 5 consultants and 4 partners in the firm
Which of the following statements is not true? A) The probability of a secretary winning a ticket on the first draw is 6/15. B) The probability of a secretary winning a ticket on the second draw given that a consultant won a ticket on the first draw is 6/15. C) The probability of a consultant winning a ticket on the first draw is 1/3. D) The probability of two secretaries winning both tickets is 1/7. E) The probability of a partner winning a ticket on the second draw given that a secretary won a ticket on the first draw is 4/14.