Brokers can be held liable for negligent misrepresentation
Indicate whether the statement is true or false
True
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Low costs of conformance usually result in high costs of nonconformance
Indicate whether the statement is true or false
The following present value factors are provided for use in this problem.PeriodsPresent Valueof $1 at 8%Present Value of anAnnuity of $1 at 8%10.92590.925920.85731.783330.79382.577140.73503.3121 Cliff Co. wants to purchase a machine for $40,000, but needs to earn a return of 8%. The expected year-end net cash flows are $12,000 in each of the first three years, and $16,000 in the fourth year. What is the machine's net present value?
A. $2,685. B. $52,000. C. $42,685. D. $(28,240). E. $(9,075).
?One way that Honda evaluates its product and service level is by how well it ranks on the J. D. Power & Associates Sales Satisfaction Survey. In doing so, Honda is
A. ?controlling marketing activities. B. ?taking corrective action. C. ?empowering its employees. D. ?evaluating actual performance. E. ?setting performance standards.
Regarding arbitration, which of the following statements is true?
a. historically, arbitration has been used to resolve disputes over contractual rights b. arbitrators' decisions are usually advisory and not considered final c. arbitrators have less control over the outcomes of disputes than do mediators. d. arbitration is always more costly and time-consuming than litigation e. none of these