Lewis, an employee of Silos, Inc, makes a substantial mathematical error in totaling the estimated costs for a project for which AgriCo-op is seeking bids. Consequently, Silos's bid is significantly low. Refer to Fact Pattern 14-2. Any contract with AgriCo-op that includes the mistake may be rescinded
A) if AgriCo-op knew or should have known of the mistake

B) if Lewis's supervisor did not know of the mistake.
C) if Silos knew or should have known of the mistake.
D) under no circumstances.


A

Business

You might also like to view...

A portfolio test is a display of television advertisement in a theater

Indicate whether the statement is true or false

Business

Which types of financial policies does Zietlow argue are doomed to fail?

A. internal B. external C. restrictive D. prescriptive

Business

Wholesalers are adapting their marketing strategies, and changes are under way, even though they may be invisible to consumers.

Answer the following statement true (T) or false (F)

Business

A portfolio has a total return of 14.4%, a standard deviation of 18.5% and a beta of 1.43. The risk free rate is 2.5%, the market rate of return is 11.4%, and the market's Treynor measure is 6.3

What is the value of the Treynor measure of this portfolio? A) -1.9% B) .63 % C) 8.32% D) 27.4%

Business