Explain the characteristics of the natural law school
What will be an ideal response?
For adherents of the natural law school, which has existed since 300 B.C., law consists of the following concepts: 1. There exist certain legal values or value judgments (e.g., a presumption of innocence until guilt is proved); 2. these values or value judgments are unchanging because their source is absolute (e.g., nature, God, or reason); 3 . these values or value judgments can be determined by human reason; and 4. once determined, they supersede any form of human law.
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A contract asset
A) represents the seller's performance obligation. B) arises when a customer's payment of consideration occurs prior to the seller's performance under the contract. C) represents the seller's unconditional right to receive consideration from a customer. D) arises when the seller's right to consideration from a customer is conditional upon something other than the passage of time.
According to your text, a metrosexual is ________
A) a member of the mass-class with greater purchasing power and more access to high quality goods B) a man who does not adhere to his culture's evolving gender roles C) a straight, urban man who is interested in fashion, home design, gourmet cooking, and personal care D) an "average Joe" who is conscious of many everyday lifestyle decisions but isn't overly concerned with fitting into cultural trends E) a straight, suburban man who adheres to his culture's traditional gender roles
Which of the following is not associated with post-Fordism:
a. standardisation b. flexibility c. routinisation d. mass production
Thomas' Bike Shop stocks a high volume item that has a normally distributed demand during lead time. The average daily demand is 70 units, the lead time is 4 days, and the standard deviation of demand during lead time is 15
(a) How much safety stock provides a 95% service level to Thomas? (b) What should the reorder point be?