Julia, a world-famous chef, signs a contract to give lessons in French cooking to Kyle. Julia wants to transfer her duties under the con¬tract to Leila, a short-order cook at Mom's Café. The transfer is

a. valid because the performance required is of a nonpersonal nature.
b. valid if Leila is a highly regarded short-order cook.
c. not valid because performance depends on Julia's personal skills.
d. not valid if Kyle does not hold Leila in high regard.


C

Business

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Which of the following is a reason for the decline in the growth of newspaper advertising by retailers?

A. The depleting credibility of newspaper organizations B. The retailers have begun using other media C. The increasing cost of developing an advertisement for newspapers D. The decreasing market penetration of the newspaper industry E. The time taken to develop an advertisement for newspapers

Business

Dizzy Amusement Park is open from 8:00 am till midnight every day of the year. Dizzy charges its patrons a daily entrance fee of $30 per person which gives them unlimited access to all of the park's 35 rides.Dizzy gives out a free T-shirt to every 100th customer entering the park. The cost of this T-shirt would best be described as a:

A. mixed cost B. fixed cost C. step-variable cost D. true variable cost

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Under the General Agreement on Tariffs and Trade (GATT), the principle of trade without discrimination is embodied in the most favored nation clause

Indicate whether the statement is true or false

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The 1966 Supreme Court opinion relating to the Miranda rights holds that:

a. persons accused of a crime must be informed that they must answer all questions b. persons accused of a crime must be informed that they have no right to be represented c. persons accused of a crime must be informed of their right to be represented by counsel d. all of the other specific choices are correct e. none of the other specific choices are correct

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