U.S. citizens employed by U.S. companies located in foreign countries are not covered by Title VII of the Civil Rights Act of 1964

Indicate whether the statement is true or false


FALSE

Business

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A company estimates total overhead costs for the next year to be $1,200,000 and wishes to use direct labor hours as its overhead allocation base. This company makes two products: (1) Fancy X, which requires three direct labor hours per unit, and (2) Plain X, which requires one direct labor hour per unit. If the company plans to make 10,000 units of Fancy X and 10,000 units of Plain X, then each unit produced will be allocated the same amount of overhead.

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

Business

On behalf of Digital Cable Company, Elvin signs an instrument in which he promises to deliver 1,000 feet of optic fiber cable to Financiers eBank on March 1. This instrument is

A. negotiable. B. nonnegotiable, because cable is not a medium of exchange authorized or adopted by a government as currency. C. nonnegotiable, because it does not indicate a specific type of cable. D. nonnegotiable, because it does not recite any consideration.

Business

A consumer product that a customer really wants-and is willing to make a special shopping effort to find-is a(n)

A. specialty product. B. heterogeneous shopping product. C. convenience product. D. staple product. E. emergency product.

Business

Nora and Owen do business as Profit & Property, a real estate investment partnership. In acting on the firm's behalf in a deal with Quaint Village Mall, Nora takes advantage of an opportunity to make a secret profit on her own behalf. To her firm, Nora is liable for? A) breach of the duty of care

B) breach of contract. C) breach of contract. D) nothing.

Business