One of the unpleasant secrets of using your credit card for a cash advance is that the APR on the cash advance is typically lower than the APR for normal purchases
Indicate whether this statement is true or false.
Answer: FALSE
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Answer the following statements true (T) or false (F)
1. Because it is unrealistic for SMART goals to be accomplished overnight, they should have target dates. 2. MBO was developed by Frederick Taylor as part of scientific management. 3. The first step in an MBO program is for the manager to set objectives for her subordinate. 4. The purpose of MBO is to motivate subordinates.
Char-Glo Industries contracted with Evergreen Lawn Service to mow and trim the company's lawn. In the contract, Char-Glo included a clause prohibiting Evergreen from delegating its duties. Courts will ordinarily not enforce such a clause
a. True b. False Indicate whether the statement is true or false
Setting up of deferred profit-sharing plans is an effective method to placate dissatisfied family members in a family-owned business.
Answer the following statement true (T) or false (F)
In City of Livonia Employees Retirement System v. Boeing Co, City sued Boeing on behalf of all persons who bought Boeing stock in a certain time period on the basis that the company was overly optimistic about the time schedule for the new 787 aircraft. When problems with the plane developed, the stock fell ten percent. Suit claimed that company executives made false statements about the plane,
so committed securities fraud. The appeals court held that Boeing was: a. liable for securities fraud because the reports about the plane were not sufficiently identified as a forward- looking statement b. liable for securities fraud because the Private Securities Litigation Reform Act requires that plaintiffs"demonstrate fraud" in company statements, which was done c. was liable for securities fraud because it did not have a separate section in its report that identified it as a forward looking statement d. was liable for all damages due to "actual knowledge" of overly optimistic statements e. none of the other choices are correct