U.S. government policies impose strategic constraints on business organizations, such as the requirement that businesses with 50 or more full-time employees offer health insurance. Juan is the manager of a small factory with 75 employees. Juan sees these government regulations and laws as a detriment to his business and its profitability. What is Juan missing in his assessment of government regulations and laws and their impact on his business?
A. The health insurance requirement can be used strategically when recruiting and retaining talent.
B. The law is changing every day and may increase the size of businesses required to provide health insurance.
C. Bribes and kickbacks are illegal practices in the United States.
D. Giving more generous benefits lowers the cost of compensating employees.
E. The health insurance requirement is likely to increase labor costs.
Answer: A
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Doris and Daniel are working on an ad campaign. Doris calls Daniel and tells him to spend $15,000 on TV ads, but Daniel thinks he hears Doris say "spend $50,000 on TV ads.” If we apply the communication model to this situation, Daniel is the ______.
A. noise B. sender C. receiver D. encoder
The Income Summary account is credited in the entry that closes
A) the dividends account. B) expense accounts. C) net income. D) revenue accounts.
In the context of established economies, despite setbacks, ________ remains a formidable international competitor and is well poised in all three major economic regions: the Pacific Rim, North America, and Europe.
A. Argentina B. Chile C. Japan D. China
Resulting Trusts. Robert and Everett Kling, two brothers, purchased rental property in Fenton, Missouri. Robert contributed $5,544 and Everett, $5,624 toward the purchase price of $19,005. Title to the property was taken in the name of Everett's wife,
Nancy. The brothers maintained an account in which they made deposits and from which they paid expenses related to the rental property. Although each brother had agreed to contribute $20 per month toward the remaining purchase price, Robert never did do so, and Everett consequently increased his contribution to $40 per month. When Robert died, Everett and Nancy claimed 100 percent ownership of the Fenton property. Robert's children, John and Janet, filed suit, claiming that Everett and Nancy held the property as a resulting trust and that they (John and Janet) were entitled to half of the property. Discuss whether a resulting trust had been created and, if so, what the distribution should be.