Define undue influence and name some of the relationships that would be affected
Undue influence is the unfair persuasion of a person by a party generally in a dominant position based upon a confidential relationship. Some of the relationships that would be affected would include: guardian-ward, trustee-beneficiary, principal-agent, spouses to one another, parent-child, attorney-client, physician-patient, and clergy-parishioner.
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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2016 and was used 2,700 hours in 2016 and 2,600 hours in 2017. Refer to the information for Norwood, Inc Based on this information, what method of depreciation will produce the maximum
depreciation expense in 2016? a. Straight-line b. Double-declining-balance c. Units-of-production d. All methods produce the same expense in 2016.
When management uses common production facilities or purchasing procedures to distribute different but related products, they are
A. sharing activities. B. using portfolio analysis. C. building on core competencies. D. achieving process gains.
Manufacturers find that their large customers always force sellers to do illegal price discrimination
Indicate whether the statement is true or false a. True b. False
I am the leader in the manufacturing division of an auto manufacturing company and just found a technical problem with one part of how the line places the engine block in the car. I figured out the problem and fixed it right away. Which type of leader behavior was I using during this process?
A. identify adaptive challenges B. create a holding environment C. protect leadership voices from below D. regulate distress