Yuri, a construction supervisor, makes effective use of the Galatea effect, when he tells his construction crew, "I strongly believe that we are going to be thirty days late in building this restaurant."

Indicate whether the statement is true or false.


Answer: FALSE

Business

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What will be an ideal response?

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A fixed cost is relevant if it is

a. uncontrollable. b. avoidable. c. sunk. d. a product cost.

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Adventures Unlimited Company distributes cash dividends. How does this transaction affect the accounting equation?

A. The assets decrease and equity increases B. The assets, liabilities, and equity remain the same C. The assets increase and liabilities decrease D. The assets decrease and equity decreases

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On the advice of her colleague, Stacey hires Harold, a lawyer and an independent contractor, to represent her in a court case. While driving to the courthouse to represent Stacey at trial, Harold negligently causes an automobile accident in which a bystander, Mildred, is severely injured. Who is liable to Mildred?

A. Stacey B. Harold C. Stacey's colleague D. the firm that represents Harold

Business