Calvin can lose as a result of partnership going bankrupt

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Reference no: EM132267495

1. A successful local attorney is best known for his phrase “don’t settle for pennies.” To protect a phrase, under which of the following should the phrase be registered?

A. Advertising phrase

B. Copyright

C. Service mark

D. Patent

2. In the assessment of Bolivia as a potential market, challenge sports drinks, a United States base company, discovers that most Bolivians view locally-produced herbal as the best source of nourishment and refreshment after workouts. In the market process, the observation made by challenge sports drinks is best described as

A. A threat in the social/cultural environment

B. A threat in the political/regulatory environment

C. An opportunity in the social/cultural environment

D. An opportunity in the political/regulatory environment

3. Including at-will employment statements in all employment documents (e.g., handbook applications, letters of employment) helps and organizations vulnerability to being in violation of

A. A constructive discharge

B. A just-cause law

C. An implied contract law

D. A privacy right

4. Bob, Gill, Jill, and Alexandra are General partners of a company of which Calvin is a limited liability partner. Bob invested $100000, Gill, Jill, and Calvin each invested $250,000, wow Alexandra invested nothing. Before going bankrupt the company $5 million from the bank.

Which of the following Amounts is the most Calvin can lose as a result of the partnership going bankrupt?

A. $5 million

B. $1 million

C. $250,000

D. 0

5. The reason for introducing a matrix management system is that it will

A. Require a more centralized system of control

B. Used functional liability charts they can easily be understood

C. Allow management to increase the use of Delegation

D. Allow Senior Management to develop a clearly defined set of responsibilities

Reference no: EM132267495

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