During a ______ session all members of a group spontaneously contribute ideas and try to collect as many ideas as possible in a short time without interrupting the thought process.
Fill in the blank(s) with the appropriate word(s).
Ans: brainstorming
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Eager Workers Union and Factory Assembly Company have their dispute resolved in arbitration. The arbitrator makes a mistake in a conclusion of law. This is a ground for a court to
A. do nothing. B. review the merits of the dispute. C. review the sufficiency of the evidence. D. set aside the award.
The corporate treasurer of Wooden Furniture Inc is considering the purchase of either a municipal obligation
with a 6.1% coupon or a corporate bond with a 9.5% return. Both bonds have a $1,000 par value. The company is currently in the 35% marginal tax bracket. Which security should the treasurer recommend?
In Todd v. Exxon Corp the court held that a group of oil companies could share salary information because it was public information that was available to all parties
a. True b. False Indicate whether the statement is true or false
Mistake. Steven Lanci was involved in an automobile accident with an uninsured motorist. Lanci was insured with Metropolitan Insurance Co, although he did not have a copy of the insurance policy. Lanci and Metropolitan entered settlement negotiations,
during which Lanci told Metropolitan that he did not have a copy of his policy. Ultimately, Lanci agreed to settle all claims for $15,000, noting in a letter to Metropolitan that $15,000 was the "sum you have represented to be the . . . policy limits applicable to this claim." After signing a release, Lanci learned that the policy limits were actually $250,000, and he refused to accept the settlement proceeds. When Metropolitan sued to enforce the settlement agreement, Lanci argued that the release had been signed as the result of a mistake and therefore was unenforceable. Should the court enforce the contract? Explain.