Which of the following would be a breach of trust and ethics?
a. Sharing a new product idea with a prospective employer
b. Leaving your current employment for a higher paying job
c. Leaving your current employment for a job with more flexibility
d. Taking the skills you have learned at a current job to a new job
e. All of the above are breaches of trust and ethics
.A
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An experiment consists of three steps. There are five possible results on the first step, two possible results on the second step, and three possible results on the third step. The total number of experimental outcomes is
A. 10. B. 625. C. 150. D. 180.
Public relations builds good relations with a firm's publics by
A) offering consumers sales incentives to buy products. B) creating advertising messages on behalf of sponsors. C) researching and developing products consumers really want. D) communicating only when unfavorable news surfaces. E) obtaining favorable publicity and developing a positive corporate image.
The FASB and the IASB are reconsidering the role of uncertainty, or probability, in the definition, recognition, and measurement of liabilities. Existing recognition criteria include a probable future sacrifice of resources; one issue involves the minimum probability level to warrant recognition of an uncertain obligation as a liability. U.S. GAAP does not specify a minimum probability level,
although the rule-of-thumb in practice is approximately _____ percent. a. 50 b. 60 c. 70 d. 80 e. 90
Hikari owned a used car lot. In November she went to a snow blower dealership and told the salesperson that she required a snow blower that would be able to remove the snow from her outside display lot 5 meters by 10 meters in size in a half-hour
This salesperson recommended the "Maxim II" which sold for $1,800. In December Hikari used the snow blower three times to remove normal amounts of snow for that month. The snow blower, operating at maximum speed, took approximately 50 to 60 minutes to remove the snow from the lot. Which of the following best describes Hikari's position at law? A) There has been a breach of warranty under the Sale of Goods Act and she can claim damages only. B) There has been a breach of condition under the Sale of Goods Act and Hikari can cancel the contract. C) The court will decide whether the snow blower's failure to clear the lot in 30 minutes is a condition or a warranty. D) Because the parties did not specify whether this was to be a condition or warranty, the courts will make that decision. E) Since this was a sale of a brand name item, Hikari has no recourse against the dealership.