Transaction motive is a reason for a firm to maintain liquidity.

Brie signs an instrument in which she promises to pay Carmen a certain price for her Dodge Dart. The instrument will be negotiable if it meets all of the requirements for negotiability, including that it is payable in

A) goods equal in value to the market price of the car.
B) money.
C) any of the choices.
D) services equal in value to the market price of the car.

Explain the relationship between the budget constraint and indifference curve at a consumer's optimum.

A limited partnership begins its existence:

A) when the secretary of state issues a Certificate of Existence.
B) 60 days after mailing a certificate of limited partnership to the secretary of state.
C) when all partners sign a certificate of limited partnership.
D) at the time a certificate of limited partnership is filed by the office of the secretary of state.

Budgets can have a positive or negative effect on human behavior depending on the manner in which the budget is developed and administered.

_____ occurs when one or more group members feel pressured to conform to the group's decision even if they personally disagree.

A) Group polarization
B) Leader-follower congruence
C) Groupthink
D) Normative myopia
E) Conflict

The three primary components of transactional leadership that are usually viewed as helping followers achieve their performance goals are:

A) distinctiveness,consistency,and consensus
B) vision and values,shared identity,and modeling desired behavior
C) idealized influence,inspirational motivation,and individualized consideration
D) contingent rewards,active management by exception,and passive management by exception