A collection agency must include a validation notice whenever a debtor pays a debt
a. True
b. False
Indicate whether the statement is true or false
False
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Barsness Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for November. Fixed Element per MonthVariable Element per Well ServicedActual Total for NovemberRevenue $4,400$190,100Employee salaries and wages$56,800 $1,100$103,400Servicing materials $700$29,800Other expenses$34,800 $35,300?When the company prepared its planning budget at the beginning of November, it assumed that 39 wells would have been serviced. However, 43 wells were actually serviced during November.?The amount shown for "Other expenses" in the planning budget for November would have been closest to:
A. $35,300 B. $32,016 C. $34,800 D. $35,050
Which of the following practices should be followed when writing an informal report?
A. The same format as a memo form should not be used. B. The information should be presented using as many words as possible. C. A copy of the report should be made. D. The paragraph form should be used for the presentation of complex facts.
Esther was an employee of Serve U Right Inc which created customized computer programs for clients. Esther was one of only two people in Canada who knew the new language, Jolted Java, just released by Microtext Ltd
, which she learned while employed at Serve U Right. Esther approached management requesting an increase in salary to reflect her skills and was told that her acquiring a new language while employed by them was sufficient compensation. Esther indicated that she would look elsewhere and she was reminded that her employment contract contained a confidentiality clause. If Esther were to leave her employment and go to work for the other company, using this language, Serve U Right would: A) Be able to successfully stop her re-employment with their competitor for beach of the confidentiality clause. B) Not be successful as the courts will not stop individuals from applying their skills in earning a living. C) Be able to successfully stop Esther from leaving their employment as she has a contract and is a key employee. D) Not be successful in stopping Esther from leaving but could stop her from working for the competition for a reasonable time or until the new language is in more general use. E) Be able to successfully stop her re-employment on the basis of general equitable principles protecting confidential information.
Which of the following exposures is covered under a Commercial General Liability Policy with no endorsements?
A) liability arising out of seepage of pollutants B) employment-related practices liability C) personal injury liability D) aircraft liability