Which of These Statements Comparing Large and Small Businesses Is

question 41

Multiple Choice

Which of these statements comparing large and small businesses is TRUE?

• A) Big businesses outnumber small businesses by a wide margin.
• B) Tax policies favor medium-sized businesses.
• C) Small businesses show consistently lower financial performance than big businesses.
• D) Business success creates jobs regardless of size.
• E) Small business formations are on the decline,but the rate for big businesses is increasing.

Examine the socio-economic implications of federal land policies throughout the 19th century.

Understand the role of population growth in economic development and how it has affected the supply and demand in various sectors.

Understand the concept of depreciation and its impact on the value of assets.

Calculate depreciation expenses using different methods including straight-line, double-declining balance, and units-of-activity.

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Definitions:

Covenant Not To Compete

A contractual promise to refrain from competing with another party for a certain period of time and within a certain geographic area. Although covenants not to compete restrain trade, they are commonly found in partnership agreements, business sale agreements, and employment contracts. If they are ancillary to such agreements, covenants not to compete will normally be enforced by the courts unless the time period or geographic area is deemed unreasonable.

Restriction

A restriction refers to a limitation or condition placed on the use, development, or transfer of property or rights.

Intoxicated

A state of being under the influence of drugs or alcohol to the extent that mental and physical capabilities are significantly impaired.

Legal Consequences

The results or penalties that arise from actions or decisions that have legal implications or breaches of law.