Chick-fil-A uses cows as its mascot. The cows are sometimes dressed in funny costumes or involved in some kind of behavior that defies cow-like conduct. Always they message is to encourage people to eat chicken, not beef. Chick-fil-A is the _____ of the message in this communication process.
A. sender
B. decoder
C. channeler
D. receiver
E. communicator
Answer: A
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Which of the following statements is true about discharge by alteration?
A. Alterations by third parties without the knowledge or consent of either contracting party do not affect the parties' rights. B. When a party does not consent to an alteration or objects to it after learning of it, he or she is not discharged. C. Discharge by alteration involves statutorily establishing reasonable time within which a lawsuit must be brought. D. When a parties' agreement is represented by a written instrument, a material, intentional alteration of the instrument by one of the parties does not discharge the other party.
Mustang Corporation reports the following for the month of April: Finished goods inventory, April 1$30,200 Finished goods inventory, April 30 24,600 Total cost of goods manufactured 114,500 The cost of goods sold for April is:
A. $120,100. B. $144,700. C. $108,900. D. $59,700. E. $169,300.
Larry is having a night out on the town with his buddies. By midnight, he is very intoxicated. He gets in a fight with a bodyguard at the night club where he has been partying. Larry hit the bodyguard, breaking the bodyguard's nose
Larry threw the first punch. In the melee, Larry was not escorted out because the club owner and others were busy with the injured bodyguard. Larry continued to be served alcoholic drinks. Finally, at 1 am, he left the nightclub, and tried to drive to an all-night diner for some food. On the way to the diner, he hit and injured a dedicated marathon runner who was out running late, training for a big run. Larry was unaware that he hit the runner. He proceeded on to his favorite diner. As he walked in the diner, he slipped and fell on a large puddle of water that was on the floor by his favorite booth. Discuss all the torts in this scenario.
Which of the following is true of a futures contract?
A. They are not standardized contracts. B. They are transferable contracts. C. They require immediate delivery of the commodity. D. They require immediate payment of the price.