International treaties accepted by the U.S. government apply only in foreign legal matters; they have no standing in domestic legal issues
a. True
b. False
Indicate whether the statement is true or false
False
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Discuss and exemplify what happens to groups at the “norming” stage.
What will be an ideal response?
Shoe Sunshine, Inc filed for bankruptcy protection under Chapter 11 and submitted a plan of reorganization within 120 days after filing for relief. Two of the classes of creditors voted against the plan. However, the bankruptcy judge considered the plan to be reasonable, achievable, and fair, and approved it in spite of these creditors' objections. This action by the judge is called a "cramdown."
a. True b. False Indicate whether the statement is true or false
A consumer buys furniture. The store gives the consumer $2,000 credit to be paid back over two years. The store fails to disclose the interest rate that it charges for credit. Under the Truth-in-Lending Act, the store is wrong for not listing the interest:
a. but the customer agreed to it, so there is no violation b. but the consumer's only recourse is to cancel the contract c. and must give the consumer the goods for free as a result d. and may have to pay the consumer up to $1,000 (civil damages) plus attorney fees e. there is no violation here
Which of the following statements regarding the cost of capital is (are) correct? I. The weighted cost of capital is the discount rate used when computing the net present value. II. The after-tax cost of capital is weighted by the proportions of the capital components in the firm's long-range target capital structure
A) Only statement I is correct. B) Only statement II is correct. C) Both statements I and II are correct. D) Neither statement I nor II is correct.