Teams can satisfy important personal needs for their members, such as affiliation and esteem.

Answer the following statement true (T) or false (F)


True

Teams can satisfy important personal needs, such as affiliation and esteem.

Business

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By comparing ethical theories to foreign languages, the text is suggesting that ______.

a. ethical problems are best solved by having each participant attack it using a different ethical theory b. we should seek to find common ground by adopting the same ethical theory to work on a problem c. ethical theories are rarely compatible with each other when working on ethical problems d. ethical problems are best solved by viewing them from another’s perspective

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Jim wants to give Klio a diamond necklace that Jim has in his safe deposit box at First National Bank. The bank is closed for a holiday. Jim gives Klio a key to the box and tells her to go to the bank after the holiday and take the necklace. Klio does this. The next day, Jim dies unexpectedly. Jim's heirs want the necklace. What type of gift was this? Can Klio keep it?

What will be an ideal response?

Business

Peerless Inc., a large conglomerate, wants to liquidate its business in certain industries to improve its overall profitability. Which of the following industries would Peerless Inc. find it most difficult to exit?

A. the corporate training industry in which the company's commitments are mostly short-term B. the steel industry in which the company has obligations like severance pay toward employees C. the e-commerce industry where the company has no long-term contractual agreements with suppliers D. the management consultancy industry in which the company's fixed costs are low

Business

George and Hildy disagree as to the exact amount one owes the other. They form a new agreement that, on fulfillment, will discharge the prior obligation. This is

A. a covenant not to sue. B. an accord and satisfaction. C. a release. D. promissory estoppel.

Business