Michael, a citizen of Ireland, and Nina, a citizen of the United States, enter into a contract. When Nina breaches the contract, Michael obtains an award of damages in an Irish court. He asks a U.S. court to enforce the award. The U.S. court defers to and enforces the Irish court's decree. This is
a. a travesty of justice.
b. the act of state doctrine.
c. the doctrine of sovereign immunity.
d. the principle of comity.
d
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Answer the following statements true (T) or false (F)
1. According to Michael Porter, three service strategies include a lower price, a differentiated product, and finding a market niche. 2. Scenario planning and the Delphi technique are quantitative forecasting techniques. 3. The best of strategic plans may have to be changed, because the future is uncertain. 4. Three important factors that will influence future hospitality organizations are changing technology, the entry of Generation Y into the workforce, and changes in market segment definitions. 5. Some factors that will affect future hospitality organizations are predictable and simple, like estimating how many teenagers will be available for work in ten years.
The purpose of an audit is to
A) determine whether or not a company is a good investment. B) comply with income tax regulations. C) determine whether or not a company is a good credit risk. D) ascertain that the financial statements follow GAAP.
Compared to Japanese companies, decisions made by U.S. companies:
a. are slower. b. are less likely to fail at implementation. c. are quicker. d. of lower quality.
Which of the following statements best explains why legal arguments often contain significant ambiguity?
A) Legal arguments are expressed in words, and words rarely have the clarity one presumes. B) Lawyers purposely distort the facts of each case in order to assist their clients in appearing favorable before a jury. C) Ambiguity is an important goal of critical thinking. D) Judges choose ambiguous statutes and precedents in order to reach proper and flexible rules of law.