Roberts Communications owns a television station. Brodkin Davis, a law firm, wants to advertise on the station. The manager of the station calls his bank and asks them to do a credit check on the law firm
The bank writes back saying that the firm has an excellent rating. Unfortunately, the bank confused Brodkin Davis with Brodkin Davey. The latter firm has excellent credit; the former firm has just been formed and has no credit. They are unable to pay for the expensive advertising Roberts agrees to provide, so Roberts sues the bank. What is the result?
A) Roberts may rescind its contract with the bank.
B) Roberts may obtain damages from the bank.
C) Roberts may both rescind its contract with the bank and obtain damages from it.
D) Roberts has no claim against the bank.
E) Roberts may rescind its contract with the bank and obtain damages from Brodkin Davis.
B
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Answer the following statements true (T) or false (F)
1. Openness is one of the five traits in the text that focuses on honesty and trustworthiness. 2. A strength of the trait approach is that it links specific leader traits to organizational outcomes. 3. The trait approach focuses primarily on the leader, not on the followers or the situation. 4. The great person approach stresses that leaders' traits are learned. 5. The great person approach focuses on important political leaders.
Also known as beta error, ________ occurs when the sample results lead to the nonrejection of a null hypothesis that is in fact false
A) Type I error B) Two-tailed error C) Type II error D) one-tailed error
Fuller Industries is considering replacing a machine that is presently used in its production process. Which of the following amounts represents a sunk cost?
A) $55,000
B) $30,000
C) $9000
D) $45,000
The strength of the obliging conflict-handling style is ______.
A. It should provide a mutually benefits (win–win) solution and result in the conflict being resolved for the long term. B. It might be the best approach if the person is not sure they are right about a preferred course of action or it is politically best because the matter is so important to the other party. C. Good for when the decision will be unpopular and discussion will not bring others on board. D. Everyone gets something in a compromise.