Our team leader asks us about our needs, is generous with his time, and considerate of our personal and professional goals. Which of the global leadership behaviors is our leader using?
A. participative
B. team-oriented
C. autonomous
D. humane oriented
D. humane oriented
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Today private sector union density is around:
A. 50 percent. B. 20 percent. C. 10 percent. D. 65 percent.
As a part of a downsizing initiative, Richmond and Sons fired an employee before his employment contract lapsed. Is the employee responsible for mitigating damages? Explain.
What will be an ideal response?
Which of the following is true with regard to contractual relations between the principal and a third party?
a. There is no liability on the part of the principal if the agent acts with implied authority. b. An undisclosed principal and the third party are contractually bound if the agent acts within her actual authority, unless the contract specifies otherwise. c. A principal cannot be bound if the agent acts without any authority. d. An unidentified principal is bound only if the agent acts within the scope of actual authority.
Which of the following statements is CORRECT?
A. One disadvantage of zero coupon bonds is that the issuing firm cannot realize any tax savings from the use of debt until the bonds mature. B. Other things held constant, a callable bond should have a lower yield to maturity than a noncallable bond. C. Once a firm declares bankruptcy, it must be liquidated by the trustee, who uses the proceeds to pay bondholders, unpaid wages, taxes, and legal fees. D. Income bonds must pay interest only if the company earns the interest. Thus, these securities cannot bankrupt a company prior to their maturity, and this makes them safer to the issuing corporation than "regular" bonds. E. A firm with a sinking fund that gives it the choice of calling the required bonds at par or buying the bonds in the open market would generally choose the open market purchase if the coupon rate exceeded the going interest rate.