One possible disadvantage of becoming a franchisor is:
A. complying with all the government regulations.
B. the cost of franchising exceeds the franchise fee.
C. the cost of screening prospective franchisees.
D. providing training to new franchisees.
Answer: B
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Affection is an important part of the interview process because ______.
a. we are more likely to answer thoughtfully when the interviewer is friendly b. we are more likely to answer honestly when the interviewer shows affection c. we are less likely to be nervous if the interviewer uses humor d. we are more likely to perform well when the interviewer smiles a lot
John has been hired by Bubbaweiser Beer Company to purchase an airplane. He approaches
Sam who has a Cessna for sale. John does not mention that he is making this purchase on behalf of someone else. He negotiates a deal. Two weeks later, Sam learns that John did not negotiate the deal for himself, but was acting as an agent. Bubbaweiser declares bankruptcy and cannot buy the plane. John: A) Can be held liable on the contract because this was a partially disclosed agency. B) Can be held liable on the contract because this was an undisclosed agency. C) Can be held liable on the contract unless he was on a frolic and detour. D) Can be held liable on the contract simply because he is an agent. E) Cannot be held liable on the contract.
A number of courts have used the doctrine of promissory estoppel to displace the requirement of a writing by enforcing oral contracts within the statute of frauds
a. True b. False Indicate whether the statement is true or false
Nunavet Ocean Cruises sold an issue of 12-year $1,000 par bonds to build new ships. The bonds
pay 4.85% interest, semiannually. Today's required rate of return is 9.7%. How much should these bonds sell for today? Round off to the nearest $1. A) $771.86 B) $660.45 C) $732.93 D) $598.33