Are businesses responsible for making sure their advertisements are understood accurately or is it enough to be technically accurate?
Businesses should be technically accurate in their advertising, but they should also ensure that their advertising is not misleading or giving a false impression. For example, the CD that advertised, "All songs by original artists" gives the impression that the tracks are recordings of the artists who originally performed them. In reality, the songs on the CD were performed by a group called, "The Original Artists." Technically accurate, but misleading and unethical.
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________ is a situation in which a party to a contract renders performance exactly as required by the contract
A) Substantial performance B) Strict performance C) Anticipatory repudiation D) Restitution
Curtis is an employee of Deepwater Drilling, Inc, covered by federal overtime provisions, which apply only after an employee has worked more than
a. eight hours in a day. b. forty hours in a week. c. 160 hours in a month. d. one year for the same employer.
For an x chart, the lower and upper control limits are usually set at three standard errors from the centerline
Indicate whether the statement is true or false
Which of the following statements is FALSE?
A) If we can identify a comparison firm whose assets have the same risk as the project being evaluated, and if the comparison firm is levered, then we can use its cost of debt as the cost of capital for the project. B) We can calculate the cost of capital of a firm's assets by computing the weighted average of the firm's equity and debt cost of capital, which we refer to as the firm's weighted average cost of capital. C) The portfolio of a firm's equity and debt replicates the returns we would earn if the firm were unlevered. D) When evaluating any potential investment project, we must use a discount rate that is appropriate given the risk of the project's free cash flow.