If a person applies for a job with a religious organization but does not subscribe to its religious
tenets, the organization may refuse to hire that person.
Indicate whether the statement is true or false
TRUE
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Use the following information to answer the question below. On January 1, 20x5, Falcon Corporation had 40,000 shares of $10 par value common stock issued and outstanding. All 40,000 shares had been issued in a prior period at $17 per share. On February 1, 20x5, Falcon purchased 3,100 shares of treasury stock for $19 per share and later sold the treasury shares for $26 per share on March 2, 20x5
What amount of gain due to these treasury stock transactions should be reported on the income statement for the year ended December 31, 20x5 ? A) $0 B) $21,700 C) $3,100 D) $2,170
Sara decided to incorporate her business under the name Gomo, Inc Before Gomo was incorporated, Sara signed a contract in the name of Gomo, Inc to lease a store front. Sara did not tell the other party that Gomo was not yet formed. Sara is personally liable on the lease
Indicate whether the statement is true or false
A hires B to work for his logging operation, which is dangerous work. A has B sign a contract that says that B will not sue A in the event of injuries that happen on the job. This contract, which is probably illegal is:
a. an exculpatory agreement b. an unconscionable contract c. a non-voidable contract d. detrimental reliance contract e. none of the other choices; the contract is legal
What are the possible outcomes if an organization uses avoidance to handle a conflict?
What will be an ideal response?