Giving possession and control of personal property to another person is referred to as
a. adhesion.
b. usury.
c. unconscionability.
d. bailment.
d
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Asolo Construction Co carries $10,000,000 comprehensive public liability insurance with a $200,000 deductible clause. A suit for personal injury damages was brought against Asolo in 2014 . Asolo's counsel believes it probable that the insurance company will settle out of court for an estimated amount of $550,000 . At December 31 . 2014, Asolo should report an accrued liability of
a. $550,000. b. $350,000. c. $200,000. d. $0.
Which of the following statements is true of placement agencies?
A. They focus solely on filling managerial jobs for companies. B. They only guarantee temporary jobs to their members. C. They charge a fee for their services. D. They are run by colleges to assist their students in finding jobs.
In considering the decision to customize or standardize its products the global marketing firm must consider the nature of the product. Some products such as steel, fertilizer and agricultural equipment tend to be less _________________ than products such as food.
(a) Globalized (b) Culturally grounded (c) Price sensitive (d) Fully adapted
Which of the following is incorrect?
a. A global optimum is a local optimum in a nonlinear optimization problem. b. A local maximum is a global maximum in a concave nonlinear optimization problem. c. A global minimum is a local minimum in a convex nonlinear optimization problem. d. A local optimum is a global optimum in a nonlinear optimization problem.