Which of the following is a true statement about independent contractors?
A) The principal asserts substantial control over the independent contractor.
B) The principal-independent contractor relationship doesn't involve exchange of money.
C) The principal asserts little control over the independent contractor.
D) The principal is liable for the torts of his or her independent contractors.
C
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On February 1, 2016, Rupport Corporation purchased a parcel of land as a factory site for $50,000. An old building on the property was demolished, and construction began on a new building that was completed on December 12, 2016. Costs incurred during this period are listed below: Legal fees for title investigation and purchase contract 5,000 Demolition of old building $ 15,000 Architect's fees
42,000 Construction costs 1,500,000 ? Rupport should record the cost of the land and the cost of the new building, respectively, as A) $70,000 and $1,542,000 B) $50,000 and $1,562,000 C) $55,000 and $1,557,000 D) $65,000 and $1,547,000
The most common foreign market entry strategy is licensing.
Answer the following statement true (T) or false (F)
In DiLorenzo v. Valve & Primer Corporation, the court held:
a. DiLorenzo gave consideration for the stock option. b. Valve & Primer conditioned the alleged stock option on DiLorenzo's promise to remain in its employment. c. promissory estoppel applied because there was detrimental reliance on DiLorenzo's part. d. there was no consideration for the stock option, and promissory estoppel did not apply because detrimental reliance was not proven.
How should you dress on the first day of a new job to make a positive first impression?
A. Dress casually, you don't want to be overdressed B. Dress like you did when you were a student in school C. Wear a business suit, you can always remove your jacket D. Wear bright, flashy colors so you'll stand out