Property law protects existing ownership of goods. A principal belief underlying this policy is:

A) a person should not be required to retain constant possession of all the goods he owns, yet at the same time, ownership should be indicated by who is in possession of the goods.
B) while a person should not be required to retain constant possession of all the goods he owns, there must be a method for good faith purchasers for value to be protected so they may make safe acquisitions of goods.
C) even good faith purchasers should be held responsible for making sure the item they are buying wasn't stolen from the rightful owner.
D) there must not be conflicts among underlying beliefs.


B

Business

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______ is the belief that one's native country, culture, language, abilities, or behavior is superior to those of another culture.   

A. Reverse discrimination B. Stereotyping C. An ethical dilemma D. Diversity E. Ethnocentrism

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A compensating balance includes all of the following characteristics except:

a. a portion of the loan proceeds is required to be retained on deposit. b. must be at amortized cost. c. increases effective interest rate. d. if held against a current liability, it is disclosed as part of current assets.

Business

SimQuick can be used to simulate all of the following EXCEPT:

A) a call center with completely random call arrivals and processing times. B) a hospital emergency room with arrivals that vary during different time periods throughout the day. C) a manufacturing process with a constant arrival rate (e.g., every 2 minutes) at one of the process steps. D) the hiring of production workers, based on skill requirements throughout the year.

Business

The payroll records of a company provided the following data for the current weekly pay period ended March 12.?Earningsto End of?Federal Medical??PreviousGrossIncomeInsuranceUnionUnitedEmployees Week Pay Taxes DeductionDuesWayD. Hui…….$ 5,800  $800  $120  $35  $10 $10B. Kim…….  6,850  1,100  180  35  10 15C. Sly…... 12,900  1,440  404    35  10 40Assume that the Social Security portion of the FICA taxes is 6.2% on the first $127,200 and the Medicare portion is 1.45% of all wages paid to each employee for this pay period. The federal and state unemployment tax rates are 0.8% and 5.4%, respectively, on the first $7,000 paid to each employee. Calculate the net pay for each employee.

What will be an ideal response?

Business