SEC stands for the
a. Stock Exchange Corporation.
b. Securities and Exchange Commission.
c. Standard Equity Commission.
d. Source of Equity Company.
ANSWER: b
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Anthropologist Edward T. Hall studied the variety of ways different cultures use language and divided cultures into two main groups on that basis. What are the groups called?
A. unsocial context cultures and social context cultures B. favorable-context cultures and unfavorable-context cultures C. deep context cultures and shallow context cultures D. low-context cultures and high-context cultures
Since the trend is for people to stick with one or two jobs throughout their career, it is best to gain skills specific to the company for whom you're working. That will give you the best chance for success.
Answer the following statement true (T) or false (F)
The nature of services is such that ______.
a. customers need not be involved in the delivery of the service b. a service to one customer can be transferred to another customer c. it is primarily capital (and not labor) intensive d. a service needs to be consumed as it is produced
Percy, age 17, purchased a used mobile home from a mobile home dealer for $20,000. This price, however, was twice the reasonable value of the mobile home. One month later, Percy wishes to disaffirm the contract. If the mobile home is considered a necessary, then:
A) Percy can disaffirm the contract based on the wrongful act of the dealer. B) Percy can disaffirm the contract because the minor can live in an apartment rather than a mobile home. C) Percy may keep the mobile home but is only liable for the reasonable value of the mobile home. D) Percy must keep the mobile home and abide by the original terms of the contract.