In 1994, the Arizona Supreme Court decided the case of Hernandez v. Arizona Board of Regents and found a duty of care to avoid furnishing alcohol to underage consumers. If in 2008 a Flagstaff, Arizona plaintiff brings a lawsuit against an Arizona university's fraternity for providing alcohol to members under the legal drinking age, the Hernandez v. Arizona Board of Regents case will serve as

precedent.
Indicate whether the statement is true or false


True

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The present value of $40,000 to be received in two years, at 12% compounded annually, is (rounded to nearestdollar)

a. $31,888 b. $48,112 c. $8,112 d. $40,000

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How does a central bank establish credibility?

What will be an ideal response?

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The term that applies to the situation in which employees are terminated or empty positions are left unfilled once someone leaves an organization is ________.

A. downsizing B. outsourcing C. offshoring D. networking

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Some discount stores place products in large bins, inviting consumers to spend time hunting through them to find a bargain. The price these consumers pay includes

A. the excitement they experience in finding an item they desire. B. the time the product was full price and didn't sell. C. the value of their time and energy. D. the savings to the store of not having to display the products neatly on shelves. E. only the actual price they pay at the register.

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