Ralph is a professional football player. He signs a valid contract with the Jets. Later, the Giants offer him more money, so he signs a contract with them. If the Jets sue Ralph, what would the most likely result be?
a. The court will order Ralph to play with the Jets.
b. The court will order Ralph to play with the Jets, but Ralph is entitled to be paid the amount he negotiated under the Giants contract.
c. The court will issue a preliminary injunction barring Ralph from playing with any team other than the Jets during the course of the lawsuit.
d. The court will order Ralph to pay compensatory damages in the amount of the difference between the two contracts.
c
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Partners Ken and Macki each have a $40,000 capital balance and share income and losses in a ratio of 3:2 . Cash equals $20,000, noncash assets equal $120,000, and liabilities equal $60,000 . If the noncash assets are sold for $80,000, the Macki's capital account will
a. decrease by $16,000 b. decrease by $24,000 c. increase by $24,000 d. decrease by $40,000
3M's Post-it Flag Highlighter and Pen marketing programs were designed for what primary objective?
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Chad has been making skateboards for his friends and now has more orders than he can handle. He has decided to turn the business into a full-time venture and plans to develop the company into a Fortune 500 company. However, he does not have enough cash
and has decided to apply for a Small Business Administration loan. The loan officer informed him that she will need to see projected financial statements with supporting schedules for the next 12 months of operations. a. Identify the financial statements and supporting schedules you believe are appropriate. b. What information will you need to include in the budgeted financial statements, and where will you get this information?
Which of the following is a survey question Jeannie could ask a boutique buyer?
A) Can we arrange delivery for next Wednesday? B) Are the limited sizes of the other swimsuits you carry affecting sales? C) What are the most common swimsuit sizes sold to guests at the resort? D) Is it correct that the swimsuit lines you currently stock do not appeal to older women? E) What if we could give you a line to sell that is luxurious but also looks as good on older and bigger women as it does on smaller women?