A court adjudicates Jimi mentally incompetent and appoints Krispin to be his guard¬ian. Later, without Krispin's knowledge, Jimi signs a contract to sell his lake cabin to Lazar for its real market value. The contract is
a. enforceable if Jimi comprehended the consequences.
b. enforceable if Jimi knew the market value of the farm.
c. enforceable if Lazar has been recordedto be the owner of the cabin.
d. void.
D
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Which of the following is a model, developed by Paul Hersey and Kenneth Blanchard, for selecting from four leadership styles the one that matches the employees' maturity level in a given circumstance?
A. Contingency leadership theory B. Situational leadership C. The leadership continuum D. Normative leadership theory
Which of the following is not one of Bryan Barry's recommendations to keep a strategic plan on track?
A. Keep moving. B. Engage people. C. Keep it simple. D. Avoid compromise. E. Stay focused.
The ethical approach that is low in self-interest and high in concern for others is ______.
A. utilitarianism B. altruism C. apathea D. ethical egoism
The inventory records for Radford Co. reflected the following: Beginning inventory @ May 1700 units @ $3.00First purchase @ May 7800 units @ $3.20Second purchase @ May 171000 units @ $3.30Third purchase @ May 23600 units @ $3.40Sales @ May 312400 units @ $4.90If the company uses the weighted-average inventory cost flow method, what is the average cost per unit (rounded) for May?
A. $3.29 B. $3.23 C. $4.90 D. $3.18