The rights of a co-owner to a share of a firm's profits are
a. protected under tort law
b. protected under contract law
c. not protected under any form of law
d. protected under antitrust law
e. less valuable than the costs of pursuing action against the company
B
Economics
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The majority of the elderly can live comfortably on the assets they have accumulated
Indicate whether the statement is true or false
Economics
Which of the following is not a characteristic of a perfectly competitive market
a. buyers and sellers are well informed about the market b. standardized product c. many buyers and few sellers d. easy exit out of the industry e. easy entry into the industry
Economics