Lucy's work is above average as far as quality and quantity of production goes; however, she refuses to do anything beyond the strict performance of her required job tasks. This is an example of
A. cognitive dissonance.
B. a Type B personality.
C. poor organizational citizenship.
D. burnout.
E. a person with an external locus of control.
Answer: C
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Farmer Elvin is holding 200 pounds of potatoes in storage for Chef Noble but Chef Noble has breached the contract by failing to pay for the potatoes. If Farmer Elvin sells the potatoes to a local diner to make potato soup and salad, then this action would be considered
a. a reasonable mitigation of damages. b. an attempt to maximize damages. c. an attempt to realize an unwarranted profit. d. an attempt at reformation.
The residual theory of dividends suggests that ________
A) different payout policies attract different types of investors but still do not change the value of a firm B) dividends are irrelevant in determining the value of a firm C) as long as a firm's equity need exceeds the amount of retained earnings, no cash dividend is paid D) the payout policies of different firms have no impact on the taxes that investors have to pay
Michael, a citizen of Ireland, and Nina, a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court's decree. This is
A. a travesty of justice. B. the act of state doctrine. C. the doctrine of sovereign immunity. D. the principle of comity.
Since 2009 the IMF's exchange rate regime classification system uses a "de facto classification" methodology. Under this system, currencies that are predominantly market-driven are considered to be:
A) soft pegs. B) hard pegs. C) floating arrangements. D) a residual agreement.