When entering into contracts with companies in other nations, a manager should understand whether that company's laws are based civil codes, rather than on case-by-case common law

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following businesses and activities enjoys a statutory exemption from antitrust laws?

A) airlines B) professional baseball C) agricultural cooperatives D) all professional sports and games

Business

A tenant can lawfully withhold rent as compensation for a landlord's breach of a term of the lease

Indicate whether the statement is true or false

Business

The Social Security program is funded by a tax paid by an employer, based on an employee's earnings.

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

Business

The management of Zeta Fire Alarms has calculated the following variances

Direct materials cost variance $9,000 U Direct materials efficiency variance 36,000 F Direct labor cost variance 15,000 F Direct labor efficiency variance 13,500 U Total variable overhead variance 8,500 F Total fixed overhead variance 3,000 F What is the total direct materials variance of the company? A) $1,500 F B) $27,000 F C) $11,500 F D) $6,000 F

Business