For the law of one price to hold, all of the following are necessary EXCEPT:
A) transportation costs must be negligible.
B) exchange rates must be fixed.
C) tariffs must not be levied by any country.
D) all goods and services must be tradable.
E) traded goods must be homogeneous.
B
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Which of the following is the most likely payoff of studying management as a discipline?
A. You will understand how to brand your organization. B. You will understand how to relate to and interact with your supervisors and co-workers. C. You will understand how to manage your family and close friends more effectively. D. You will understand how to deal with the media in a crisis. E. You will understand how to advance your career without guilt.
Al Bondie is driving his car home from the garage where its brakes were repaired and hits Clare Davies, a pedestrian. Clare sues Al. Al thinks that his brakes were faulty and he wants to sue the mechanic
What is the name of the legal process by which Al can make a claim against his mechanic in the same lawsuit initiated by Clare? A) statement of claim B) statement of defence C) third party claim D) garnishment E) counterclaim
Which of the following statements is true about accelerating the forecasting process?
a. Forecasts will be more accurate when the randomness of the actual demand is not considered. b. Forecasts will be more accurate when the forecasters can access current changes in demand quicker. c. Forecasts can be accelerated when processes used to collect demand data are manual. d. Forecasts will be more accurate when the forecasters take more time to access current changes in demand.
In Briggs and Stratton Corp v. Baldridge, Briggs was blacklisted by Arab countries because of its compliance with U.S. anti-boycott regulations. Briggs subsequently brought a lawsuit claiming damages as a result of U.S. government action. Specifically, Briggs demanded "just compensation" under the Fifth Amendment "takings clause." The court: A) invoked sovereign immunity to avoid taking subject
matter jurisdiction. B) refused relief because the amount of damages was "speculative, at best." C) refused relief because Briggs's property had not been "seized or restrained." D) allowed relief, since Briggs could demonstrate a complete taking of certain contractual opportunities and reasonable investment expectations. E)refused relief because Briggs lacked "standing."