There are no precedents on which the court deciding the case Standard Resource Co v. Topline Inventory, Inc, can base its decision. The court can consider, among other things,
A) the opinions of the friends and relatives of the judge.
B) the results of a poll of those in the courtroom.
C) public policy or social values.
D) none of the choices.
C
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A "stock option" permits the purchase of shares at a later date
a. True b. False Indicate whether the statement is true or false
Neville, a member of a protected class, applies for a job with Origami Paper Products Corporation, but fails the company's employment test and is not hired. Nevillebelieves that the test has an unintentionally discriminatory effect. If so, this is
a. reverse discrimination. b. disparate-impact discrimination. c. disparate-treatment discrimination. d. not discrimination.
Stockinger Corporation has provided the following information concerning a capital budgeting project: Investment required in equipment$280,000 Expected life of the project 4 Salvage value of equipment$0 Annual sales$580,000 Annual cash operating expenses$420,000 Working capital requirement$30,000 One-time renovation expense in year 3$80,000 The company's income tax rate is 30% and its after-tax discount rate is 11%. The working capital would be required immediately and would be released for use elsewhere at the end of the project. The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting.The total cash flow net of income
taxes in year 3 is: A. $80,000 B. $48,000 C. $128,000 D. $77,000
The most common lien on real property is:
a. a mechanic's lien b. an artisan's lien c. an integrated lien d. a second mortgage lien e. a possessory lien