An employer is held liable for damages caused by an accident involving an employee driving the company car on company business. Identify the law underlying this decision.
A. The doctrine of caveat lector
B. Implied warranty of merchantability
C. The doctrine of caveat emptor
D. The doctrine of respondent superior
Answer: D
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According to Ricardo, a country will have a comparative advantage in the product in which its
a. labor productivity is relatively low. b. labor productivity is relatively high. c. labor mobility is relatively low. d. labor mobility is relatively high.
Answer the following statements true (T) or false (F)
1. A revenue tariff is designed to protect domestic products from foreign imports by raising the price of the latter. 2. An import quota is a trade barrier in the form of a customs duty, or tax, levied mainly on imports. 3. Dumping is the practice of a foreign company exporting products abroad at a lower price than the price in the home market, or even below the costs of production, in order to drive down the price of the domestic product. 4. Cuban cigars and sugar cannot legally be imported into the United States because of a trade embargo.
How might a company develop sales estimates to be used in preparing a sales budget?
What will be an ideal response?
Do you think that charisma is a learnable skill, or that it is something that “you either have it or you don’t” and that it can’t be taught? What are the charismatic behaviors that researchers think might be most amenable to being taught?
What will be an ideal response?