In determining negligence, the law applies a reasonable-person standard, which requires a person to use extra- ordinary care in their actions

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Morris threatens physical harm to force Barb to contract to pay him for protecting her store-Barb's Baubles-against vandalism and destruction. Barb may A) rescind the contract or refuse to comply with its terms

B) do nothing once she has agreed to pay. C) recover from her insurer for the cost. D) recover from the local police for their failure to protect her store.

Business

Jack has been in the business of selling carpeting for 20 years. He calls Barb, who is opening another branch of her furniture stores, and offers to sell her 100 yards of carpet at $12 per square yard. Barb agrees and sends back the following letter confirming the deal: Dear Jack: As we discussed on the phone January 3, we accept your offer of 100 yards of Saxony "heather blue" carpeting at the

price of $12 per square yard. We also reserve the right to purchase any additional yardage we need to carpet our other showroom facilities at the same rate for one year from that date. Very truly yours, Barb Which of the following is true? A) There is a contract for only 100 yards of carpeting. B) There is a contract for 100 yards plus the additional yardage. C) There is no contract since Barb made a counteroffer. D) There is no contract because the additional term is too uncertain to become a contract term.

Business

When comparing EOQ and JIT inventory systems, which of the following statements isĀ false?

A. The EOQ approach takes the viewpoint that some inventory is necessary. B. JIT argues that inventory investments should be minimized. C. The EOQ system focuses on acquisition and holding costs. D. The EOQ system assumes a constant order quantity. E. JIT argues that safety stocks are necessary to reduce the probability of a stock shortage.

Business

Some job seekers were paid five hundred dollars each to attend twelve sessions that promised expert job-searching advise.

What will be an ideal response?

Business