Question 1 2 out of 2 points 1. _____The entrepreneur is owner‚ but not the employee. Answer Selected Answer: False Question 2 2 out of 2 points ______United States economy is a free enterprise system because all are free to start a business. Answer Selected Answer: True Question 3 2 out of 2 points _____The operation of a small business is the same at that of a large business Answer Selected Answer: False
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I. What is Law A. Law 1. Set of Rules 2. Created by Government 3. Enforced by Government B. Jurisprudence 1. Philosophy of Law II. A. Law as Power 1. Under color of authority B. Legal Positivism 1. Law is what law says C. Legal Realism 1. Who is in position to enforce D. Natural Law 1. Humans have rights regardless of law III. Three Factors for Free Market System 1. Law 2. Rule of Law A. Law is generally and equally applicable to everyone B. System of published
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12345) Mid-Term Exam – Review Questions 1) All of these are pitfalls an organization should avoid in strategic planning EXCEPT (Ch. 1) Some pitfalls to watch for and avoid in strategic planning are these: Using strategic planning to gain control over decisions and resources Doing strategic planning only to satisfy accreditation or regulatory requeriments Too hastily moving from mission development to strategy formulation Failing to communicate the plan to employees‚ who continue working
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Business Law I January 31‚ 2013 Corporate Structure Assessments Part A: A sole proprietorship is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. The IRS does not consider the sole proprietorship as a separate business entity. The owner reports
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(ENG) Corporate and Business Law Class Notes June 2012 © Debbie Crossman‚ January 2012 All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted‚ in any form or by any means‚ electronic‚ mechanical‚ photocopying‚ recording or otherwise‚ without the prior written permission of Debbie Crossman. 2 www.studyinteractive.org Contents PAGE INTRODUCTION TO THE PAPER CHAPTER 1: ENGLISH LEGAL SYSTEM CHAPTER 2: LAW OF CONTRACT – FORMATION
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determinism leaves room for free will. Cogs in a Universe Baron d’Holbach’s is the philosopher that mentioned that we are “Cogs in the Universe” and that nature controls our destiny from beginning to the end so man is stripped of free will. * Short answer questions: Whose argument addressing “Theodicy” is most convincing‚ and why? According to John Hosper‚ why are we not free? John Hospers is a twentieth century philosopher who believed that man’s actions are not determined by freewill‚ but by
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1. Equal Protection Clause a. A clause which provides that a state cannot “deny to any person within its jurisdiction the equal protection of the laws” b. Prohibits state‚ local‚ and federal governments from enacting laws that classify and treat “similarly situated” persons differently c. Standards of Review 2. Types of Alternative Dispute Resolution (ADR) a. Negotiation i. A procedure whereby the parties to a dispute engage in discussions and bargaining to try to reach a voluntary settlement
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* Question 1 0 out of 2 points | | | An undergraduate business student has purchased a laptop computer for use during exams. This laptop is perfectly reliable except for two parts: its microchip‚ which has a failure rate of one in every twenty hours of operation; and its battery‚ which has a failure rate of one in every ten hours of operation. In addition‚ on average the battery will wear out in five hours‚ with a standard deviation of 30 minutes. Assuming that a new battery has just been
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Exam 1: 1. List 2 data sources researchers use to estimate historical standards of living and explain what they can infer from these sources. List three indicators of economic development other than National Income measures (NI‚ GDP‚ or GNP‚ level‚ growth rate‚ or per capita) that are of interest to economists and explain what can be inferred from each of these indicators. ( Topic 1) 2. Explain in detail 3 weaknesses of per capita GNP (or GDP) as a measure of economic well-being. Although this
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Revenue Management Final Exam‚ 2010-11‚ Block C Dr. Lily Lin‚ MBA‚ Mr. P. Griep‚ Dr. M. Lewison‚ & Dhr. F. de Vries Student Name: __________________________________ Student ID: __________________ Below is a hotel case. You are required to answer all of the questions based on your theoretical knowledge and application skils: * Terminologies/abbreviations in the case are a part of the exam. No additional explanation will be given.. * All necessary information is included
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