On July 9, Mifflin Company receives an $8,500, 90-day, 8% note from customer Payton Summers as payment on account. Compute the amount due at maturity for the note and interest. (Use 360 days a year.)
A. $8,628
B. $8,670
C. $8,500
D. $8,613
E. $8,192
Answer: B
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Which of the following is a change that took place in the legal system that led to the development of contract law in the process?
A. Courts began to shift their emphasis from protecting consumers and workers to protecting business and promoting industrialization. B. Courts today are not willing to consider defenses based on inequality of bargaining power between the parties. C. Courts are not given the authority to control any contractual relationships as they are left to private bargaining. D. Courts tend to view with great suspicion attempts by manufacturers to limit their responsibility for their products by contract.
A pretrial hearing is also known as a settlement conference.
Answer the following statement true (T) or false (F)
NIOSH conducts research to ____________ work-related illnesses and injuries.
A. increase B. remove C. reduce D. maintain E. document
The term maquiladora is most synonymous with:
A) free trade zones in Mexico. B) Chinese forced labor camps. C) home-based or cottage industry. D) areas that do not meet U.S. standards for workplace safety and pollution. E) tax breaks provided by some South American countries to other South American countries.