Max, a student of political science, believes that there should be government representatives on the board of directors of every major corporation
He also believes that the government should set up codes of socially responsible behavior for every industry. Which of the following schools of social responsibility does Max advocate?
A) profit-oriented
B) managerial
C) institutional
D) regulation
D
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In the 4Ps of the marketing mix, promotion refers solely to advertising
Indicate whether the statement is true or false
Which of the following would NOT be accounted for as a change in accounting principle?
a. Change from the first-in, first-out method to the last-in, first-out method of inventory pricing b. Change from the last-in, first-out method to the first-in, first-out method of inventory pricing c. Change from completed-contract accounting to percentage-of-completion d. Change from straight-line method to accelerated method of depreciation
What has been considered the main reason for the limited advancements in protection of transgender people around the world?
*a. the absence of definitions of gender identity in the International Human Rights Law b. religious beliefs c. lack of medical evidence supporting the nature of being ‘transgender’ d. lack of self-identification as transgender so the total population is unknown
In January, Alex promised to pay Y-K Inc. $5,000 if it would refrain from filing suit against him on a breach of contract action. Y-K agreed and accepted a $5,000 check from Alex. Which of the following statements is correct?
A. Y-K's promise to refrain from suing Alex was not supported by legal consideration. B. Y-K's promise to refrain from suing Alex was supported by legal consideration and is enforceable. C. This is an accord and satisfaction, and Y-K cannot sue. D. The courts would apply promissory estoppel in this situation.