A sales manager sets an objective for her team to increase the units sold by five percent for the quarter. This objective is most likely part of a detailed ________ plan that is created annually, semiannually, or quarterly
A) strategic
B) functional
C) operational
D) product development
E) human resources
C
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Which of the following is true of general partnership?
A) A business should make a profit in order to qualify as a general partnership. B) The general partners need not be the co-owners of the business. C) General partnerships can be oral or implied from the conduct of the parties. D) Charity organizations and schools are mostly formed from general partnerships.
Sarah has a house valued at $200,000 and insured for $180,000. It is totally destroyed by fire, due to the negligence of Courtney. Sarah recovers $180,000 from her insurer, which then subrogates against Courtney
Suppose the courts decide that Courtney must pay $100,000 in damages, because that's all the money she has. How much of this $100,000 can the insurer keep, assuming that the policy has no special provision regarding the distribution of subrogation amounts? A) $0 (The entire $100,000 must be passed on to Sarah) B) $20,000 (Sarah gets the other $80,000) C) $80,000 (Sarah gets the other $20,000) D) $100,000 (Sarah will get no additional funds)