Under the Code an oral contract for specially manufactured goods costing $500 is enforceable even if the seller has not begun their manufacture
a. True
b. False
Indicate whether the statement is true or false
False
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Which leadership style includes a high level of support and also is one in which the leader makes the final decision about goal accomplishment?
A. directing B. supporting C. delegating D. coaching
A study examined politically skilled leaders. It found that
a. subordinates resented these leaders because they spent all of their time trying to get promoted instead of helping their subordinates b. although politically skilled leaders were promoted faster, they had no influence on team productivity c. politically skillful leaders helped their work teams be more effective and even increased the team members’ feelings of empowerment d. both “a” and “b”
You have a choice between a lottery lump sum payout of $5,975,191.24 today or a series of twenty annual annuity payments of $500,000 each (first cash flow one year from today). At what discount rate are you indifferent between the two choices?
A) 4.50% B) 5.50% C) 6.50% D) 7.50%
The break-even point is that level of activity where:
A. sales revenue equals fixed cost. B. total contribution margin equals the sum of variable cost plus fixed cost. C. sales revenue equals total variable cost. D. variable cost equals fixed cost. E. contribution margin equals fixed cost.