Contracts involving fraud in inducement are ________

A) valid
B) void
C) voidable
D) non-rescindable


C

Business

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The process of setting objectives and devising courses of action to achieve those objectives is termed ________.

A. planning B. controlling C. organizing D. leading

Business

________ is the process of converting a poorly-structured table into two or more well-structured tables

A) Optimization B) Normalization C) Refactoring D) Standardization

Business

Hilltel's CEO thinks that having a standardized marketing strategy will enable the company to control and plan production better. Which of the following, if true about using a single marketing approach, strengthens her case?

A) It means the company will sell in the same way to countries regardless of culture. B) It allows for simplifying inventory and quality-control processes. C) It means that more employees will need to be hired at the company's headquarters. D) It locks the company into one marketing strategy for the long term. E) It means that more extensive managerial oversight in sales will be needed.

Business

Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $7.50 per share. If the required return on this preferred stock is 6.5%, at what price should the preferred stock sell?

A. $104.27 B. $106.95 C. $109.69 D. $112.50 E. $115.38

Business