The Patient Protection & Affordable Care Act was challenged in a lawsuit alleging that the federal government exceeded its authority under the constitution by requiring that people buy health insurance. The case went to the U.S. Supreme Court, which ruled:

a. striking down the law, on the basis that the federal government had violated the commerce clause
b. striking down the law, on the grounds that nothing in the Constitution authorized the law
c. upholding the law as valid, on the grounds that it did not violate the commerce clause
d upholding the law as valid, on the grounds that it constituted a tax on the lack of health insurance


D

Business

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Which of the following is described by the fact that satisfaction does not come from the task itself but rather from the external outcome to which the activity leads?

A. intrinsic motivation B. extrinsic motivation C. extinction D. social learning

Business

Describe and provide clear examples of Argyris and Schön’s (1978) concept of single loop and double loop learning.

What will be an ideal response?

Business

A company issued 60 shares of $100 par value common stock for $7,000 cash. The total amount of paid-in capital in excess of par is:

A. $100. B. $7,000. C. $600. D. $1,000. E. $6,000.

Business

Differences between actual and estimated contractual adjustments are treated as changes in accounting estimates.

Answer the following statement true (T) or false (F)

Business