cost of economic transactions. true 3. A quasi-contract is not a contract‚ but a fiction created by the courts to prevent injustice. true 4. An agreement that is illegal is void. True 5. A contract need not be in writing to be enforceable. False 6. Specific performance is a limited remedy as it is only available for breach of contract to sell a unique item. True 7. A _____ is a promise or a set of promises for the breach of which the law gives a remedy‚ or the performance of which the law in
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Organizational Behavior‚ 15e (Robbins/Judge) Chapter 6 Perception and Individual Decision Making 1) ________ is the process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment. A) Sensation B) Impression C) Apprehension D) Attribution E) Perception Answer: E Explanation: E) Perception is defined as a process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment
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exploiting competitive capabilities that rivals can’t match. 5. Which of the following is not one of the pitfalls of a low-cost provider strategy? B. Using a cost-based advantage to improve the company’s bargaining position with high-volume buyers 6. Opportunities to differentiate a company’s product offering C. can exist in supply chain activities‚ R&D‚ manufacturing activities‚ distribution and shipping or marketing‚ sales and customer service. 7. In which of the following circumstances is
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culture quizQuiz 1-George Tailor works as a supervisor for an engineering company in Riyadh‚ Saudi Arabia. In the UK he had a reputation for speaking his mind and by doing so getting the best out of his staff. At the current project in Riyadh he supervises 12 British staff and nearly 50 Saudi staff. After a few months George has become increasingly frustrated by what he sees a less than effective Saudi team. Their lack of competence and slow work pace is worrying George. What should he do to try
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Literary Criticism Quiz 1. Explain the ego‚ id‚ and superego. 2. What does formalism analyze? 3. What does the philosophical approach evaluate? 4. What are the three stages of the quest as defined by the archetypal approach? Make sure you explain them: 5. What is the Oedipal Complex? 6. What constitutes the “tragic hero?” 7. What is the intentional fallacy? 8. On what basis do philosophical critics judge a work? 9. What
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Review Quiz‚ Chapter 4 – Encumbrances‚ Liens‚ and Homesteads 1. A property tax bill is an example of: (a) a voluntary lien (b) a general lien (c) an involuntary lien (d) two of the above are correct 2. An easement with only a servient tenement: (a) easement in gross (b) easement appurtenant (c) easement egress (d) easement for encumbrance 3. If an owner files a proper Notice of Completion in the County Recorder’s office‚ unpaid subcontractors
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Chapter 5 Quiz True / False Questions 1. Corporate governance is the system that directs and controls business corporations. True False 2. The development of a separate corporate entity limited organizations to raising funds from individual shareholders in order to grow their operations. True False 3. Managers only are accountable to their owners. True False 4. The board of directors runs the organization on a day-to-day basis. True False 5. The term outside director can be misleading because some
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With respect to the prepaid income from services which of the following is true? The treatment of prepaid income is the same for tax and financial accounting. An accrual basis taxpayer can spread the income over the period services are to be provided if all of the servidcdes will be completed by the end of the tax year ^^^answer The effects of a below-market loan for 450‚000 made by a a corporation to its chief The corporation has imputed interest income and compensation expense. As a
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Question Type: # Of Questions: # Correct: Multiple Choice 3 3 Short 2 N/A Grade Details - All Questions 1. Question : (TCO 2) The world’s poor include all households with less than: Student Answer: $600 a year per family member. CORRECT $700 a year per family member. $800 a year per family member. $900 a year per family member. Instructor Explanation: Chapter 3 Points Received: 4 of 4 Comments: 2. Question : (TCO 2) Voluntary simplifiers are those whose
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The general manager of the grocery store Wegmans in Canandaigua‚ NY‚ wants to know the average (typical) amount of time it takes for a customer to check out of his grocery store. Last Saturday between the hours of 8 am and noon the manager‚ along with a team of helpers‚ measured the amount of time it took the first 200 customers to check out at each of its open registers. The helpers recorded the time (in minutes) using a stop watch‚ starting when a customer first arrived at a line and ending when
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