Fran negligently drove her truck through Nick's fence, causing damage. If she promises to pay Nick $1,500 if he does not bring a lawsuit against her, Nick accepts and forms a unilateral contract by not filing suit. His forbearance is consideration
Indicate whether the statement is true or false
True
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All employees who observe or become aware of criminal practices or unethical behavior should be encouraged to report the incident to their superiors, to a higher level of management, or to an appropriate unit of the organization. This reporting process is called:
A. whistle-blowing. B. reciprocating. C. tattling. D. intelligence gathering. E. fact-finding.
Which of the following statements is true regarding the two allowance approaches used to estimate bad debts?
A) The percentage-of-sales approach takes into account the existing balance in the Accounts Receivable account. B) The direct write-off method takes into account the existing balance in the Allowance for Bad Debts account. C) The percentage-of-receivables approach takes into account the existing balance in the Allowance for Bad Debts account. D) The direct write-off method does a better job of matching revenues and expenses than allowance method.
What is meant by a strategic perspective?
What will be an ideal response?
Southwest Airlines (SWA) has enjoyed a sustained competitive advantage, allowing it to outperform its competitors over several decades. Continental and Delta attempted to copy SWA with their offerings of Continental Lite and Song, respectively. Neither Continental nor Delta, however, was able to successfully imitate the resource bundles and firm capabilities that make SWA unique. Which of the following is this case an example of?
A. resource immobility B. resource imitation C. resource heterogeneity D. resource substitution