Eli’s work involves union votes, negotiations for union agreements, contract collective bargaining, and handling grievances. Eli’s human resource management specialty is ______.
A. the legal environment
B. compensation and benefits
C. labor and industrial relations
D. safety and security
C. labor and industrial relations
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After retiring from Jones Corp., a partnership founded by Megan Jones and other partners, Megan grew tired of staying at home and started visiting the firm's place of business. The other partners would introduce her to prospective customers as "My partner, Ms. Jones," or "Our partner, Ms. Jones." Megan did not bother to correct anybody about this. She was introduced in this manner to Tiffany, a new customer. Relying on the idea that Megan was a partner, Tiffany entered into a contract with Jones Corp. Which of the following statements is true of Megan if Jones Corp. does not fulfill its obligations?
A. Megan will not be liable as she did not make any claims to partnership. B. Megan will be liable because she failed to correct the statement when she was being introduced as a partner. C. Megan will not be liable as she has withdrawn from the partnership agreement by retiring and she is no more an actual partner. D. The partner who introduced Megan will be liable, but Megan will not be liable.
If one automobile firm merges with another automobile firm, it is called a ________ merger.
A. conglomerate B. push down C. vertical D. horizontal
The president of Hi-Glow Cosmetics sends his top chemist to Hi-Glow's competitor's labs to steal its formula for shiny lipstick. The chemist gets caught and is sent to jail. Can Hi-Glow be found to be criminally liable?
a. Yes, under the doctrine of ultra vires. b. Yes, since the president authorized the crime. c. No, because a corporation cannot go to jail. d. Yes, under the doctrine of ultra vires and also since the president authorized the crime.
Almost all countries have some division of social class (upper, middle, and lower). The determining factor for the assignment to one of these classes may differ from country to country. For example, in the United States, the primary determining factor is occupation; in India, it is birthright; in China, it is geographical region and education; and in Singapore, it is income. These differences are best explained in terms of a country's
A. values. B. semiotics. C. legal system. D. religion. E. ethnocentricity.