Which one of the following is not one of the two conditions that must be met for a business to be defined as “small business”?
a. capital is supplied and ownership is held by an individual or a few individuals.
b. both the area of operations and the market are local.
c. the business is small in comparison with the larger competitors in its industry.
d. management is independent because the manager usually owns the business.

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Increases in output and increases in the inflation rate have been linked to

David paid $975,000 for two beachfront lots in coastal south carolina, with the intention of building residential homes on each. two years later, the south carolina legislature passed the beachfront management act, barring any further development of the coast, including david's lots. when david files a complaint to seek compensation for his property, south carolina refuses, pointing to a passage in david's own complaint that states "the beachfront management act [was] properly and validly designed to south carolina's " is south carolina required to compensate david under the takings clause?