Which of the following is true of the United States Supreme Court?
A) It has original control in cases that are based on a federal law or a treaty.
B) It has appellate jurisdiction in cases based on the U.S. Constitution.
C) It has the sole power to establish inferior courts.
D)It is mandatory for the Supreme Court to hear all appeals that come before it.
B
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A transfer of the right to the possession and use of real property for a set term in return for certain consideration is known as a(n) ________
A) title transfer B) lease C) novation D) easement
The owner of Khan Chemicals sees employee John steal $10 from a company cash register. John has never been in trouble at work before. The employer
A) can fire John without payment because stealing is a fundamental breach of the employment relationship B) cannot fire him but must use progressive discipline C) can fire him and will be able to pay a lesser amount of common-law notice because of the stealing D) can fire him and will only have to pay compensation based on statutory notice because of the stealing E) both C and D
Which of the following describes the type of management structure that is in place when board members are reluctant to fire an incompetent chief executive officer?
A. Corporate management B. Closely held corporation C. Limited liability corporation D. Entrenched management
________ channel conflict occurs between firms at the same level in the channel of distribution.
A. Parallel B. Horizontal C. Cyclical D. Diagonal E. Vertical