When the existence of a contract changes the behavior of a party to the contract, the problem is called

A. irrational expectations.
B. adverse selection.
C. opportunity cost.
D. moral hazard.


Answer: D

Business

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Workers paid $15.00 per hour with an overhead charge of 1.45 and a personal time allowance of 1.15, have what total direct labor cost for an 8-hour work day?

A) $151.30 B) $174.00 C) $200.10 D) $236.80

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Personal effects, moveable property and goods, such as cars, bank accounts, wages, securities, a small business, furniture, insurance policies, jewelry, patents, and pets are all examples of _________

A. intellectual property B. real property C. personal property D. cyber property

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The coefficient of correlation

a. is the same as the coefficient of determination b. can be larger than 1 c. cannot be larger than 1 d. cannot be negative

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The_____lawsuit dramatically illustrated the cost of misclassifying employees and violating laws that cover compensation, taxes, unemployment insurance, and overtime

a. McClain v. Hewlett-Packard b. Vizcaino v. Microsoft c. Wainwright v. IBM d. Brown et al v. Oracle

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