According to Your Textbook,between 1930 and 1990,the Cost of a Three-Minute

question 124

Multiple Choice

According to your textbook,between 1930 and 1990,the cost of a three-minute phone call between New York and London fell from $244.65 to $3.32.This decrease can be mainly contributed to

• A) open communication between governments.
• B) the advent of the microprocessor.
• C) continuing efforts to globalize.
• D) high corporate ethical standards.
• E) the deregulation of the telecommunications industry.

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Definitions:

Settled First

Refers to resolving or concluding a matter before addressing subsequent issues, typically used in legal and financial contexts.

Creditors

Individuals or entities to whom money is owed by debtors; they have a legal right to demand payment according to the terms of the debt agreement.

RUPA

stands for the Revised Uniform Partnership Act, which is a set of laws adopted by states to govern the operation of partnerships.

Dissociated Partner

A partner who has severed their relationship with a partnership, resulting in a change in the business's management or structure.