According to Chester Barnard, which of the following statements is true about a zone of indifference?
A. ?In this zone, managerial requests are not understood.
B. ?In this zone, managerial directives are inconsistent with the purpose of an organization.
C. ?In this zone, managerial authority is challenged.
D. ?In this zone, managerial requests are automatically accepted.
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Bret is convicted of arson for burning down his warehouse to collect the insurance. On an application for insurance from Cover-All Insurance Company on a new building, in answer to a question about prior convictions, Bret does not disclose his conviction. This makes the contract
A. binding because the omission is immaterial to Cover-All's decision to issue coverage. B. binding due to Cover-All's failure to discover Bret's conviction. C. voidable by Bret because the omission is immaterial to Cover-All's decision to issue coverage. D. voidable by Cover-All because the omission is material to its decision to issue coverage.
If goods do not conform to the standards created by the warranty:
a. the seller cannot be held liable for damages for breach of warranty b. the seller can be held liable for damages for breach of warranty c. the seller can be held liable for breach of quality d. the seller can be held liable for failure to maintain quality e. the seller can be held liable for failure of warranty
For a risk averse decision maker, the certainty equivalent is less than the expected monetary value (EMV)
a. True b. False Indicate whether the statement is true or false
A ________ is a type of virus that self-propagates using the Internet or other computer network.
A. Trojan horse B. sniffer C. mole D. worm E. phisher