The Supreme Court recently made an exception to the privity rule when it allowed
A) indirect third party purchasers sue manufacturers for price fixing under the Competition Act
B) class actions against the government by striking government workers
C) pay day loan companies to set very high interest rates
D) cooling off periods for door to door sales
E) class actions by consumers against hospitals that released private information
A
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Porter Inc's stock has an expected return of 12.50%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 2.00%, what is the market risk premium? Do not round your intermediate calculations.
A. 10.50% B. 8.48% C. 7.98% D. 8.40% E. 6.80%
Brand managers manage specific products, often taking over the jobs formerly handled by an advertising manager.
Answer the following statement true (T) or false (F)
Dooley Publishing has the following payroll data for its July 1 pay date:
How much Federal withholding tax was deducted from employees' pay?
A) $15,203.14
B) $42,083.87
C) $32,115.48
D) $29,391.98
Beatriz is looking forward to meeting with her boss to discuss her performance over the past year
As a pharmaceutical sales rep, she feels she can trust the process because the company uses objective appraisals. Which of the following gives Beatriz this confidence? A) She has a can-do attitude and scores highly in trait appraisals. B) She has a great relationship with her boss, which gives her an edge. C) She is a woman and an ethnic minority and benefits from affirmative action practices. D) She was top three in sales this year, which gives her a good performance score. E) She always contributes in team meetings, so she ranks well in behavioral appraisals.