A minor's ratification of a contract must be express and cannot be implied

Indicate whether the statement is true or false


FALSE

Business

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Congress has enacted several civil rights laws based on the Interstate ____Clause making the laws applicable to anyone involved in interstatecommerce

Fill in the blanks with correct word

Business

A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will yield an annual incremental after-tax income of $35,000 after deducting the straight-line depreciation. Compute the payback period for the purchase.

A. 3.8 years. B. 5.4 years. C. 7.3 years. D. 8.7 years. E. 4.2 years.

Business

What key element of developing a successful corporate social responsibility (CSR) program is exhibited when a company meets with the community to understand the impact that water usage by its manufacturing plant will have on the surrounding areas?

A. good corporate leadership B. good stakeholder management C. integration of CSR into corporate policy in all divisions of the firm D. integration of CSR into corporate policy at all levels of the firm E. sustainable production practices

Business

The management technique, known as ________, involves directly assessing job performance behaviors.

A. forced ranking B. management by objectives C. 360-degree feedback D. behaviorally anchored rating scales E. job analysis

Business