The negligence of an agent who is an employee in conducting the business of the principal exposes the principal to tort liability for injury and loss suffered by third persons

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


True

Business

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_____ involves fast development of an application based on initial user requirements and several cycles of user input and developer improvements.

Fill in the blank(s) with the appropriate word(s).

Business

Discrimination laws do not necessarily protect workers against adverse action based on the identity of the person they married.

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

Business

Stock X has a beta of 0.7 and Stock Y has a beta of 1.7. Which of the following statements must be true, according to the CAPM?

A. Stock Y's realized return during the coming year will be higher than Stock X's return. B. If the expected rate of inflation increases but the market risk premium is unchanged, the required returns on the two stocks should increase by the same amount. C. Stock Y's return has a higher standard deviation than Stock X. D. If the market risk premium declines, but the risk-free rate is unchanged, Stock X will have a larger decline in its required return than will Stock Y. E. If you invest $50,000 in Stock X and $50,000 in Stock Y, your 2-stock portfolio would have a beta significantly lower than 1.0, provided the returns on the two stocks are not perfectly correlated.

Business

Describe the four steps in finding a solution to a business problem

Business