In several states requiring no-fault insurance,
A)
you are not required to carry personal injury protection.
B)
you may sue for physical injuries only if your damages are above either a monetary or verbal threshold defined in state law.
C)
you may sue only for recovery of the deductible on your no-fault policy.
D)
no-fault covers only property damage.
B
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You own a gas station and are thinking about raising prices because your cost of the gasoline has increased. You are worried that if you raise the price, the quantity of gasoline purchased by your customers will decrease, thereby lowering your total revenues. Analyze this situation.
What will be an ideal response?
In which of the following cases would an oral contract be enforceable without a written memorandum? Choose the best answer
a. Michelle calls an employment agency in Paris to arrange for maid service for her three-month Parisian vacation. b. Ron, who is 6 foot tall and weighs 185 pounds, orders three custom-made suits. c. Catherine calls Lucky Dude Ranch to purchase the championship race horse they have advertised in the paper. d. Anna orders a top of the line computer over the phone.
A common characteristic of a centralized organization is
A. democratic decision making. B. decision making by a few top-level managers. C. a flat span of management. D. placing decision making near the workplace. E. authority placed at lower levels.
A cyclical stock is one that
A) is often traded by market speculators. B) varies its dividends frequently. C) often has management changes. D) might operate in the capital goods industries.