The elements of misrepresentation are ordinarily given as misrepresentation of a material fact justifiably relied on to the detriment of the person relying.

Answer the following statement true (T) or false (F)


True

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According to Festinger, how people deal with cognitive dissonance depends on three factors. Which are the correct three factors?

A. importance, control, and rewards B. control, bias, and personality C. personality, decision making, and judgment D. decision making, situation, and bias E. situation, self-awareness, and control

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If a company has preferred stock, the preferred stock dividend is added to net income when computing earnings per common share

a. True b. False Indicate whether the statement is true or false

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While teaching strategy at Farrell University, Jessica developed an interactive strategy-simulation game to inculcate the concept of strategy to her students. She found that they were able to grasp the concept much better from the game rather than from reading books. For two years Jessica used the game to teach students. Eventually she removed possible glitches and perfected the game. She wanted students at other universities to benefit from the simulation. The result was the launch of Simulate Strategy, Inc. Some of Jessica's students suggested that she create a website for Simulate Strategy, Inc. Her company is fairly new and opening a website immediately would expose her company to customers from around the world. In this scenario, Simulate Strategy is an example of a ________.

A. sheltered workshop B. freight forwarder C. contract manufacturer D. born international

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Why would anyone in their right mind buy a brand new car in the spring when they know that new car models will appear in late summer and early fall and the dealers will use

A) markdowns to move that old inventory? B) information systems to move that old inventory? C) pull systems to move that old inventory? D) lost sales to move that old inventory?

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