Camille, a tennis pro, convinces Dante, who has no athletic ability, that he has considerable skill and induces him to pay Camille $1,000 for tennis lessons. When Danterealizes the truth, he files a suit against Camille. Danteis most likely to recover on the basis of
a. opinion.
b. fraud.
c. unconscionability.
d. none of the choices.
B
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An offer has come in for a one-time sale of 300 units at a special price of $120 per unit. The marketing manager says that the sale will not affect the company's regular sales activities, and that it will not require any variable selling and administrative costs. The production manager says that there is plenty of excess capacity and the sale will not impact fixed costs in any way. What is the effect of this deal on operating income?
Pisces Company manufactures sonars for fishing boats. Model 100 sells for $400. Pisces produces and sells 5000 units per year. Cost data are as follows:
A) Operating income increases by $400.
B) Operating income increases by $1800.
C) Operating income decreases by $6000.
D) Operating income increases by $6000.
Which of the following statements correctly compares Apple and Microsoft in 2016?
A. Microsoft had higher total sales than Apple. B. Microsoft had a lower cost structure than Apple. C. Apple had a higher return on revenue than Microsoft. D. Apple had a higher return on invested capital than Microsoft.
Spicy & Hot, Inc is interested in expanding its Mexican food restaurant into a Mexican food catering business. Spicy & Hot, Inc buys a new delivery van from Van World. Spicy & Hot, Inc is a buyer in the ordinary course of business when purchasing the van
Indicate whether the statement is true or false
Which of the following is true of special federal courts?
A) They have unlimited authority and command. B) They have jurisdiction limited by Congress. C) They are the largest class of federal courts. D) They are also known as courts of appeals.