A contract prepared on a standard form and offering terms on a take-it-or-leave-it basis is called:
A) exculpatory.
B) a usurious contract.
C) an illegal restraint of trade.
D) an adhesion contract.
D
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According to philosopher Norman Bowie, managers have a responsibility to maximize profits as long as they:
A. contribute to charitable organizations. B. respect human rights and cause no harm. C. are confident and do charitable work. D. adhere to rules and regulations.
______ reflect principles so fundamental to human existence that they transcend religious, philosophical, or cultural differences.
A. Habits B. Hypernorms C. Control D. Ethical dilemma
Which one of the following warranties arises in a sale of goods?
a. Implied warranty of title. b. Warranty against adverse possession. c. Implied warranty of quiet enjoyment. d. All of the above arise in a sale of goods.
Which of the following would not appear in the asset section of an insurance company's balance sheet?
A) loss reserves B) bonds C) common stock D) real estate