Americans with a Better Cause (ABC), a nonprofit organization, files a suit against the U.S. Department of Justice (DOJ), claiming that a certain federal statute the DOJ is empowered to enforce conflicts with the U.S. Constitution and with a state constitution. In each situation, which source of law has priority?
The U.S. Constitution is the supreme law of the land. A law in violation of the Constitution, no matter what its source, will be declared unconstitutional and will not be enforced. Thus, the federal statute does not have priority over the Constitution. The federal statute would have priority over the state constitution, however, because under the U.S. Constitution, when there is a conflict between a federal law and a state law, the state law is rendered invalid..
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Iseal has just recently completed performance appraisals for all her direct report employees. Which of the following is the best course of action for feedback?
a. Email results to the employee and let them know her door is open for any questions. b. Allow an ECO or human resources representative to go over the results with each employee. c. Hold a feedback session individually with each employee in the conference room. d. Hold a feedback session individually with each employee in her office.
In order to develop talent within an organization, HRM programs must create ______.
a. an adaptable workforce b. a global perspective c. an external environment assessment department d. a specific career progression plan for employees
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Rollans Corporation has provided the following information concerning a capital budgeting project: After-tax discount rate 14%Tax rate 30%Expected life of the project 4 Investment required in equipment$200,000 Salvage value of equipment$0 Annual sales$430,000 Annual cash operating expenses$300,000 The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting.The net present value of the entire project is closest to:See separate Exhibit 13B-1, to determine the appropriate discount factor(s) using the tables provided.
A. $118,230 B. $308,778 C. $224,000 D. $108,778