Travis had too many beers at the baseball game. Ed realized Travis was so intoxicated he wouldn't know what he was doing, so he got Travis to sign a promise to sell his motorcycle to Ed for $50 . When Travis gets sober, he may void the contract
a. True
b. False
Indicate whether the statement is true or false
True
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A company had a tractor destroyed by fire. The tractor originally cost $136,000 with accumulated depreciation of $69,900. The proceeds from the insurance company were $31,000. The company should recognize:
A. A gain of $31,000. B. A loss of $66,100. C. A loss of $35,100. D. A gain of $66,100. E. A gain of $35,100.
Which of the following statements is most likely true of team selling?
A) It is used most often when the group of target customers is small and homogeneous. B) It consists of experts from a single area of the selling firm such as marketing or finance. C) It can unearth problems and provide solutions that no individual salesperson could. D) It is most often implemented when products are simple and distribution costs are low. E) It simplifies the process of evaluating the individual contributions of sales team members.
Which of the following may use a defence of due diligence to a charge of sexual harassment under the Canadian Human Rights Act?
A) The employer B) The employee C) Both A and B D) Neither A nor B E) There is no defence of due diligence under the Canadian Human Rights Act.
Which one of the following variables influences the value of put options?
I) Level of interest rates II) Time to expiration of the option III) Dividend yield of underlying stock IV) Stock price volatility A. I and IV only B. II and III only C. I, II, and IV only D. I, II, III, and IV E. I, II, and III only