Business torts consist of:
A) interference with contractual relations.
B) disparagement.
C) fraudulent misrepresentation.
D) All of these.
D
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Answer the following statements true (T) or false (F)
1. The investing activities section of the statement of cash flows reports cash receipts and payments that increase or decrease long-term liabilities. 2. The financing activities section of the statement of cash flows includes activities that affect current assets and current liabilities. 3. The operating activities section of the statement of cash flows reflects the cash flows that affect current assets and current liabilities. 4. The cash paid for the purchase of equipment will typically be shown in the investing activities section of the statement of cash flows.
Which of the following correctly describes a certificate of deposit?
A) It is a note that is payable on demand. B) It is not considered to be a negotiable instrument. C) It is a note where the maker is a bank. D) It is a draft that is payable by a bank. E) It is a money order where the maker is a bank.
There are only three major recording labels in the world - Sony Music Entertainment, Time-Warner's Warner Music Group, and GE's Universal Music Group. They are responsible for the vast majority of music recordings that are made. Harry says that these three music companies operate as an oligopoly. Maryanne says that they operate as monopolistic competition. Explain how each came to his or her conclusion. Who is correct?
What will be an ideal response?
To bid on a job, Budget Construction Company relies on the oral promise of Coldwater Plumbing, Inc., to perform certain work at a certain price. Coldwater fails to perform. Budget can
A. not recover due to the principle of freedom of contract. B. not recover due to the Statute of Frauds. C. recover under the concept of unconscionability. D. recover under the doctrine of promissory estoppel.