Bob, a salesperson at a Carpets Galore store, tells Dita, a customer, "Buy your carpet here, and I'll install it for half of what the store would charge." Dita buys the carpet, which Bob installs for half the store's price. Bob keeps the money. Bob has breached
A. no duty.
B. the duty of loyalty.
C. the duty of notification.
D. the duty of obedience.
Answer: B
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In the two-period model, suppose a household's income in the first period is $60,000, income in the second period is $100,000, and the real interest rate is 50 percent. Draw a diagram showing the budget constraint. Now, suppose the household's income in the second period increased to $120,000. Draw the new budget constraint. For the budget constraints you have drawn, be sure to show the values of the intercepts on each axis. Show your work.
What will be an ideal response?
Projected misstatements are developed by extrapolation from the misstatements in sample items to the population
a. True b. False Indicate whether the statement is true or false
The following information relates to Tablerock Manufacturing's overhead costs for the month:
Tablerock allocates variable manufacturing overhead to production based on standard direct labor hours.
Tablerock reported the following actual results for last month: actual variable overhead, $14,500; actual fixed overhead, $5,400; actual production of 4,700 units at 0.22 direct labor hours per unit. The standard direct labor time is 0.20 direct labor hours per unit.
Compute the variable overhead cost variance. (Round intermediate calculations to two decimal places and the answer to the nearest dollar.)
The shareholder's appraisal right extends to mergers and consolidations
Indicate whether the statement is true or false