Managers who use coercive power are most likely to:
A. offer reward on completion of work.
B. assign work based on mutual agreement with employees.
C. verbally abuse employees or withhold support from them.
D. find a solution to his or her employees' problems.
Answer: C
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The parol evidence rule refers to the:
A. use of the equitable doctrine of promissory estoppel to prevent parties from seeking compensation under the statute of frauds. B. rule that perjury in criminal sentences is a non-bailable offense. C. oral evidence given by the defendant during a hearing. D. idea that when the parties have expressed their agreement in a complete, unambiguous writing, the writing is the best evidence of their intent.
According to Rudolf Flesch, keys to making writing more readable include all of the following EXCEPT ________
A) use language readers understand B) use brief, clear sentences C) use words that demonstrate your knowledge of languages other than English D) cover only one item per paragraph
Midwest Power Corporation wants to build a nuclear power plant on private land, for which a federal permit is required. For this action, an environmental impact statement is
A. prohibited. B. required. C. unnecessary. D. voluntary.
Consider two firms, Go Debt corporation and No Debt corporation. Both firms are expected to have earnings before interest and taxes of $100,000 during the coming year
In addition, Go Debt is expected to incur $40,000 in interest expenses as a result of its borrowings whereas No Debt will incur no interest expense because it does not use debt financing. However, No Debt will have to pay stockholders $40,000 in dividend income. Both firms are in the 40 percent tax bracket. Calculate the Earnings after tax for both firms. Which firm has the higher after-tax earnings? Which firm appears to have the higher cash flow? How do you account for the difference?