The employer is liable to third parties for injuries caused by the negligence of employees while they are acting within the scope of their employment under a common law doctrine called "The Economic YoYo."

Indicate whether the statement is true or false


F

Business

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A resistance point is the place where you decide that you should stop the negotiation rather than continue, because any settlement beyond this point is not minimally acceptable.

Answer the following statement true (T) or false (F)

Business

High Step Shoes, had annual revenues of $185,000, expenses of $103,700, and paid dividends of $18,000 during the current year. The retained earnings account before closing had a balance of $297,000. The ending retained earnings balance after closing is:

A. $378,300 B. $360,300 C. $63,300 D. $185,000 E. $81,300

Business

Janet hit a wall causing a large dent in the fender of her car. She was busy at work and delayed reporting the damage to her insurer for 9 months

When she finally reported the claim, her insurer denied payment, stating, "Although such a loss is usually covered, you are required under the terms of the contract to provide prompt notification in case of loss." The prompt notification requirement is an example of a(n) A) declaration. B) definition. C) insuring agreement. D) condition.

Business

Labor relations refers to the dealing with employees who are not represented by a union

Indicate whether the statement is true or false.

Business