A customer's profitability is judged on the basis of the lifetime stream of revenue and cost, not the profit from a particular transaction
Indicate whether the statement is true or false
TRUE
Business
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Which of the following with respect to partnership is TRUE?
A) Partnership is a separate legal entity. B) General partners have limited liability C) General partners have unlimited liability D) Partners are not agents for each other. E) Partners must make an equal financial contribution to the partnership.
Business
According to the U.S. Small Business Administration, the Taxpayer Relief Act
a. could save small businesses a lot of money. b. could cost small business owners a lot of money. c. will have no effect on small businesses. d. is unconstitutional.
Business