The Sherman Act is the only major antitrust act that includes criminal sanctions

Indicate whether the statement is true or false

TRUE

Business

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Which of the following holds true for a general partnership if the partners have not entered into a written agreement?

A) Partners are required to contribute equal capital to the partnership and bear equal responsibilities. B) Individual partners are exempted from federal income taxes because those taxes are paid by the partnership. C) Partners are required to file a partnership return with the Internal Revenue Service that shows the partnership's profit or loss. D) The partnership is double-taxed because both the partnership and the individual partners pay taxes.

Business

Which of the following is a "higher the better" measure?

A) only Sharpe's measure B) only Treynor's measure C) only Jensen's measure D) All three are "higher the better" measures.

Business