The doctrine of stare decisis, though vital to the creation of the common law when this country was settled, is not important to our modern, complex society
a. True
b. False
Indicate whether the statement is true or false
False
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Expired costs are called assets
a. True b. False Indicate whether the statement is true or false
Most preferred stocks are callable preferred stocks, which means that the callable feature may be exercised by
a. the state that issued the corporation's charter. b. a preferred stockholder. c. the issuing corporation. d. either the issuing corporation or a preferred stockholder.
SCENARIO-BASED QUESTIONS Poor Example of a Job-Refusal Message Saying no to a job offer tactfully is important since future job success often is influenced by previous interactions with people in various circumstances. Rodrigo has received a job offer
but has decided not to take the job. He sends the following job-refusal message to the company. Dear Mr. Pates: I regret to inform you that I must turn down your offer of the sales associate position. I have recently received an offer that provides more opportunity for growth and better monetary compensation. Given my personal goals, I believe that it would be a mistake for me not to take that offer. Thank you for your consideration. I wish you the best of luck in finding someone who meets your needs. Cordially, Rodrigo Martinez Required: Rewrite the job-refusal message in an inductive manner.
Mark hires Joe's real estate agency to sell his estate, telling Joe he has lost too much money playing the stock market to afford to keep it up. Then Mark wins the three million-dollar lottery! Joe reads this in the newspaper and that afternoon makes a contract with Sharon to sell the estate. Is the contract valid?
A) No, the agency terminated because of the change in conditions. B) No, the agent has no right to sell without consent. C) Yes, Mark would have to notify Joe if he wanted to stop the sale. D) Yes, Joe had apparent authority to sell.