Concurrent jurisdiction exists when both federal and state courts have the power to hear a particular case.

Answer the following statement true (T) or false (F)


True

Business

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The cost per thousand rate represents the cost of a column inch of space per one million circulation

Indicate whether the statement is true or false

Business

Which of the following is associated with the need for cultural sensitivity by a company?

a. understanding cultural practices in a particular location b. understanding religious practices in a particular location c. understanding nuances of language in a particular location d. understanding government requirements in a particular location

Business

Four entrepreneurial students want to open a shaved ice business during the coming summer

Maxine thinks that demand will be high and therefore they should purchase a large stand and acquire a premium ice shaving machine. Minnie feels strongly that demand will be low and that they should purchase a tarp and some basic hand tools to work the ice. Midelia is pretty sure that demand will fall in-between these two extremes, so they can get by with a shack and a used ice shaving machine. Their financial wizard of the bunch, Probableah, has estimated the costs, revenues, and likelihoods of each level of demand and created the table shown below. What is the expected profit for this venture? Demand Total Revenue Total Expenses Probability Low $500 $15 .2 Medium $2,000 $125 .3 High $5,000 $519 .5 A) $1700 B) $2300 C) $2900 D) $3300

Business

Duress is a defense to the enforcement of a contract, but not a ground for rescission of a contract

Indicate whether the statement is true or false

Business