The effect of an arbitration clause in a contract is that:
A) Neither party may sue in a dispute over the contract.
B) A dispute over the contract can be heard by arbitration or by trial at the option of the aggrieved (innocent) party.
C) Any dispute over the contract must be tried before a judge without a jury.
D) Any dispute over the contract must be tried by a judge and jury
E) None of the above.
A
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Firms such as General Motors and McDonald's actively collect information about customer preferences and try to address them in their new products. General Motors and McDonald's are actively trying to adapt to
A. shareholder, customer, and market changes. B. social and political pressures. C. human resource concerns. D. managers' behavior. E. technological advancements.
The Shelast Corporation adopted a defined benefit pension plan on January 1, 2018 and has provided the following information:The projected benefit obligation on January 1, 2018 was $2,160,500. The 2018 service cost totaled $250,000; the 2019 service cost totaled $275,000. Annual amortization of prior service costs is $216,050. The discount rate is 10%. The pension plan funding during 2018 was $200,000; the pension plan funding during 2019 was $225,000. The actual return on plan assets was $19,000 during 2019. Required:Determine the projected benefit obligation balance as of December 31, 2019.
What will be an ideal response?
Hamlin Company, a retailer, had cost of goods sold of $190,000 last year. The beginning inventory balance was $22,000 and the ending inventory balance was $28,000. The company's inventory turnover was closest to:
A) 6.79 times B) 7.6 times C) 3.8 times D) 8.64 times
Whose ethical perspective speaks directly to values of workers and values of organizations?
A. Burns B. Heifetz C. Greenleaf D. Mathews