Speedy Assembly Company promises its employees a 10-percent raise at the end of the year if productivity has increased and management feels it is warranted. Speedy must
A. do nothing.
B. give the employees a 10-percent raise only at the end of the year.
C. give the employees a 10-percent raise only if productivity increases.
D. give the employees a 10-percent raise under any circumstances.
Answer: A
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Janet is the beneficiary of her uncle's $200,000 life insurance policy. When her uncle died, Janet selected a settlement option that pays monthly benefits for as long as she lives
If Janet dies before receiving $200,000, payments will continue to a contingent beneficiary until a total of $200,000 has been paid. What settlement option did Janet select? A) joint-and-survivor annuity B) life income with guaranteed total amount C) life income with guaranteed period D) fixed amount option
If, before the time for performance, a buyer communicates an intent not to perform, the seller can consider the buyer in breach and pursue a remedy
Indicate whether the statement is true or false
Rubicon Inc., an American guitar manufacturing company, signed a contract with a supplier in Umreia, an Asian country, to manufacture guitars. Rubicon then imported these products and sold them in its markets under its own brand name. Rubicon did this because of the availability of cheap labor in Umreia that substantially cut down Rubicon's cost of production. In this scenario, Rubicon is most likely involved in _____.
A. foreign direct investment B. foreign franchising C. foreign outsourcing D. foreign licensing
Inspections are a means of enforcement for administrative agencies
Indicate whether the statement is true or false