The Class Action Fairness Act of 2005 moved many class actions from federal courts into state courts
a. True
b. False
Indicate whether the statement is true or false
False
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A good example of collecting behavioral data would be when a store uses scanners to read bar codes on products selected by consumers
Indicate whether the statement is true or false
Joe and Lucas enter into a contractual agreement in which Lucas promises to deliver a unique antique artifact to Joe in the next ten days, but the artifact is stolen before Lucas could fulfill his promise
Which of the following statements is true about this scenario? A) Lucas must pay compensatory damages to Joe. B) Lucas must pay punitive damages to Joe. C) The contract is discharged by impossibility of performance. D) The contract can be terminated only if both parties agree.
State the prohibited practices under the Telephone Consumer Protection Act of 1991
What will be an ideal response?
A company has just received a special, one-time order for 1,000 units. Producing the order will have no effect on the production and sales of other units. The buyer's name will be stamped on each unit, at a cost of $1.50 per unit. Normal cost data, excluding stamping, follows: Direct materials…………………………… $ 10 per unit Direct labor……………………………….. 16 per unitVariable overhead………………………… 4 per unitAllocated fixed overhead…………………. 12 per unitAllocated fixed selling expense…………… 8 per unit Prepare an analysis that indicates the selling price per unit this company will require to earn $3,000 on the order.
What will be an ideal response?