Which of the Following Is an Example of a Firm's

question 21

Multiple Choice

Which of the following is an example of a firm's tangible resources?

• A) Reputation
• B) Equipment
• C) Human capital
• D) The ability to create new technology faster than competitors

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Definitions:

In Rem Jurisdiction

Refers to a court's power over an item of property, rather than over a person.

Mediation

A form of alternative dispute resolution where a neutral third party helps disputing parties find a mutually satisfactory resolution.

Counterclaim

A legal claim brought against the plaintiff by the defendant, typically in response to the original lawsuit.

Affirmative Defense

A defense in which the defendant introduces evidence, which, if found to be credible, will negate criminal or civil liability, even if it is proven that the defendant committed the alleged acts.