Which of the following liens has first priority?
A) Mechanics lien
B) First mortgage
C) Property taxes
D) Court judgment
Answer: C) Property taxes
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Which industry had the most significant decline in average firm size from 1980 to 1993?
a. wholesale trade b. retail trade c. manufacturing d. finance, insurance, and real estate
Refer to Additional Case 11.1. Sussex executives have decided to change the firm's pay-for-performance plan to one that is individual-based. Which of the following best supports this decision?
Additional Case 11.1 The HR department at Sussex Enterprises has been asked to evaluate the effectiveness of the firm's team-based incentive plan. Managers at the firm report a decline in worker performance, an increase in interpersonal conflicts, and an increase in complaints about free riding team members. In addition, the manufacturing group has been accused of producing more units than the marketing group can sell. HR at Sussex needs to determine if the current incentive plan is appropriate or should be replaced. A) The organizational structure at Sussex has many hierarchical levels. B) Most positions at Sussex require autonomy and very little cooperation. C) Most Sussex employees are intrinsically motivated and committed to their work. D) Consumer demand for products and services offered by Sussex is relatively stable.