Small Business Owners Generally Should Not Take Advantage of Cash

question 128

True/False

Small business owners generally should not take advantage of cash discounts vendors offer, choosing instead to maintain control of their cash for as long as possible.

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Definitions:

Common Law

A legal system characterized by case law and precedent, where the principles and rules of law emerge from judicial decisions over time.

Right To Strike

The legal entitlement of workers to refuse to work as a form of protest, typically in an effort to gain better working conditions or pay.

Discipline And Discharge

Refers to the policies and procedures related to managing employee behavior and the potential termination of employment.

Union-Shop Clause

A provision in a collective bargaining agreement that requires employees to join the union within a certain timeframe after being hired.