Situational ethics is essentially the same as ethical relativism
Indicate whether the statement is true or false
False
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Which of the following would not be a basis for estimating the useful life of a piece of equipment?
a. Potential production in units b. Potential hours of service c. Historical cost d. Years of service
We can choose to take an optimistic view of the world which accomplishes?
a. A world that looks more positive to us and viewing constraints b. A more enjoyable place to live c. An ability to respond to opportunities not constraints and a world that looks negative d. A world that looks more positive, a more enjoyable place to live, and an ability to respond to opportunities, not constraints
The Code provides an exception to the executory promise rule in:
a. the giving of a negotiable instrument. b. the making of an irrevocable obligation to a third party. c. the lack of notice. d. Both the giving of a negotiable instrument and the making of an irrevocable obligation to a third party are correct.
Implied ratification of an agent's unauthorized acts can occur through the silence of the principal
a. True b. False Indicate whether the statement is true or false