When a cashier at the local grocery store purposefully fails to scan all of the items purchased by her friends and allows her friends to leave the store without paying for all of their items, the cashier is engaged in sweethearting
Indicate whether the statement is true or false
TRUE
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John operates a small repair business and is in desperate need of a certain type of building material. He obtains the material from a large corporation, but is charged a grossly unreasonable price and is forced to buy other material he does not need. In view of the buyer's unequal bargaining power and unreasonable terms of the contract, this may be a case of:
a. in pari delicto. b. partial illegality. c. substantive unconscionability. d. procedural unconscionability.
Bouchard Company's stock sells for $20 per share, its last dividend (D0) was $1.00, its growth rate is a constant 6 percent, and the company must pay flotation cost equal to 20 percent when it issues new common stock. What is Bouchard's cost of issuing new common stock?
A. 11.00% B. 12.25% C. 12.63% D. 11.30% E. 11.56%
Vogel bought aphone made by WiFi Communications, Inc Three months later, after recharging the battery through a power jack, Vogel picked up the phone only to have it ignite in his hand. Suffering a severe burn, Vogel filed a suit against WiFi, alleging
that a design defect in the phone weakened the connection between the power jack and the motherboard, causing the wiring to overheat and creating an unreasonable safety hazard.Could Vogel succeed on his strict product liability claim? Explain.
In designing a global distribution channel one may attempt to distribute the product through the largest number of different types of intermediaries and the largest number of individual intermediaries of each type. This is referred to as:
(a) Exclusive distribution (b) Intensive distribution (c) Selective distribution (d) Normal distribution (e) Cross border distribution