In Benny v. City Car Dealership, a state supreme court held that a minor could cancel a con-tract for the sale of a car. Now a trial court in the same state is deciding Daphne v. Even Steven Auto Deals, Inc, a case with similar facts. Under the doctrine of stare decisis, the trial court is likely to
a. allow the minor to cancel the contract.
b. disregard the Benny case.
c. order the minor to cancel the contract.
d. require the minor to fulfill the contract.
a
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Which of the following statements is true regarding repeat rates?
A) Repeat rates tend to increase. B) A product can be successful without a high repeat rate. C) A low repeat rate indicates lack of brand awareness. D) For frequently purchased products, repeat rates are the key to success.
Identify five main disadvantages of outsourcing
What will be an ideal response?
Heavy use of off-balance-sheet lease financing will tend to
A. make a company appear more risky than it actually is because its stated debt ratio will be increased. B. make a company appear less risky than it actually is because its stated debt ratio will appear lower. C. affect a company's cash flows but not its degree of risk. D. have no effect on either cash flows or risk because the cash flows are already reflected in the income statement. E. affect the lessee's cash flows but only due to tax effects.
From a poll of 800 television viewers, the following data have been accumulated as to their levels of education and their preference of television stations. Level of Education High School Bachelor Graduate TOTAL Public Broadcasting110 190 100 400 Commercial Stations80 220 100 400 TOTAL190 410 200 800 ? Test at ? = .05 to determine if the selection of a TV station is dependent upon the level of education. Use the p-value approach.
What will be an ideal response?