What is the relationship between rights and duties under the law?


A right is the capacity of a person, with the aid of the law, to require another person(s) to perform, or refrain from performing, a certain act. A duty is an obligation the law imposes upon a person to perform, or to refrain from performing, a certain act. Duty and right are correlatives; no right can rest upon one person without a corresponding duty resting upon some other person or, in some cases, upon all other persons.

Business

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The ______ of an organization separates people geographically, hierarchically, or both; it builds and limits relationships by setting up lines of reporting and teams; and it defines employees’ responsibilities by outlining their area of influence and accountability.

What will be an ideal response?

Business

Which of the following statements best describes the use of financial statement analysis?

a. Financial statement analysis techniques are merely guides to interpretation of financial data. b. Financial statement analysis can eliminate the risk in investment decisions. c. Measurements for a specific company should be compared only with data from past periods. d. All of these are correct.

Business

Which of the following is an incorrect statement regarding the Foreign Corrupt Practices Act (FCPA) and U.S. agents abroad?

A) The FCPA allows remuneration to lower-level foreign agents to expedite the handling of goods that U.S. businesses are seeking to sell in another country. B) The FCPA allows remuneration to lower-level foreign officials to expedite the handling of goods that U.S. businesses are seeking to sell in another country. C) The FCPA forbids payments to political officials beyond a certain level. D) Companies are potentially liable for civil, but not criminal, sanctions for violating the FCPA.

Business

What is cross-tabulation and what does it enable a researcher to do? Provide an example of cross-tabulation

Business