Federal-government employees are covered by the:
A. Civil Service Reform Act.
B. Railway Labor Act.
C. Landrum Griffin Act.
D. Taft-Hartley Act.
Answer: A
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Which of the following is recommended to improve corporate governance?
a. Getting directors involved in the day-to-day management issues of the firm. b. Instituting an employee vote to hire or fire the CEO. c. Setting up “golden parachutes” for CEOs. d. Instituting a “cradle-to-grave” conceptualization of all new products. e. Ensuring that directors are clearly separated in their authority from the CEO.
Winston ordered fifty 7-inch tablets from One Tech Solutions, a wholesaler. The terms of the sale were cash on delivery. When Winston received the goods, he could see without inspection that they were fifty 9-inch tablets and not what he had ordered. Under these circumstances, ________.
A. Winston must accept the order but is entitled to a discount of the purchase B. Winston is entitled to receive the shipment without paying for it because of the seller's breach of contract C. Winston cannot reject the order because the terms of the purchase were cash on delivery D. Winston may reject the tablets without making any payment
A form of open innovation is ________, in which companies ask for opinions from a large and relatively undefined group of people outside the company.
Fill in the blank(s) with the appropriate word(s).
Iggy hires Joy to act as his agent to purchase Kup-a-Koffee Company. Iggy tells Joy to reveal only that she is buying the firm on behalf of a third party, without telling Kup-a-Koffee's seller who that third party is. Iggy is
a. a disclosed principal. b. an implied principal. c. an undisclosed principal. d. a partially disclosed principal.