Administrative law judges are appointed by the president
Indicate whether the statement is true or false
FALSE
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John was anxious to hire three new recruits for his marketing department in Northern Ireland. As a good Roman Catholic, John was intent on hiring employees who shared his same religious values and beliefs. John's workforce already consisted of 70% Roman Catholics, if John hires three new Roman Catholics will John be out of compliance with the law in Northern Ireland?
a. Yes he will be breaking the law because John is required to hire both Roman Catholics and Protestants. b. No he will not be breaking the law, as a business owner he can hire who ever he believes is right for his company c. He could potentially be breaking the law since his composition of Protestants and Roman Catholics must be equal to the proportions in the population at large. d. No he will not be breaking the law as long as he makes sure he hires both male and female genders.
Under article 25 of the CISG, a breach of contract resulting in such detriment to the other party as substantially to deprive him of what he is entitled to expect under the contract, is:
a. a substantial breach. b. a material breach. c. a fundamental breach. d. None of the above
Which of the following is true of NPV profile?
A) It is used for evaluating and comparing independent projects when conflicting ranking exists. B) It is a graph that illustrates a project's IRR against various values of NPV. C) It shows an inverse relationship between a project's IRR and NPV. D) It charts the net present value of a project as a function of the cost of capital.
Use this information for questions that refer to the Pricing 1 case. (WPI) case.As a project for her marketing class, Emily Washington is researching how five local businesses price their products. The following are brief sketches of what she has learned about each company:At Bella Computers, Emily has discovered that the company earned a 6 percent return on investment this year and wants to increase this to 9 percent next year. To its retailer customers, Bella Computers gives cash discount terms of 2/10, net 30. It also gives retailers a 3 percent reduction on the invoice amount for advertising Bella products locally. Bella gives retailers' salespeople 2 percent of the sale price for each Bella Computer they sell.At Ross Pharmaceuticals, she learned that the company has invested
heavily in developing a new product that recently received a patent. Because cash is tight, the company wants to achieve a rapid return on its investment. The new patented product is badly needed in the market, so a very inelastic demand curve is expected.Digital Imaging makes photographic prints for wedding photographers. It is very concerned about competitor reactions to its pricing, so it has selected prices that will not draw the attention of the competition and will not start a price war. Digital Imaging offers customers an 8 percent discount if their purchases exceed $20,000 a year.Jack's One-Hour Cleaners recently opened for business. The company invested a lot of money in new equipment and feels that it has to quickly get "at least 10 percent market share to stay in the game." This need obviously influences the company's pricing decisions. Jack's also plans to offer customers 20 percent discounts on any order over $20.National Printing Equipment (NPE) produces equipment that helps to print newspapers and magazines. The company sells directly to printers and through wholesalers. Its salespeople negotiate prices with individual customers and often have to match competitors' prices. NPE has a new product-the Gutenberg NP201-with some competitive advantages now, but competitors are expected to follow quickly with similar products. The new product is being introduced into a market with elastic demand. Regarding freight charges for its equipment, NPE's invoice reads, "Seller pays the cost of loading equipment onto a common carrier. At the point of loading, title to such products passes to the buyer, who assumes responsibility for damage in transit, except as covered by the transportation agency." Which company uses administered prices? A. Bella Computers B. All the companies use administered prices. C. Jack's One-Hour Cleaners D. Digital Imaging E. Ross Pharmaceuticals