In January 2014, Professor Noe entered into a contract with State University. She agreed to teach full time during the 2014-2015 academic year. Professor Noe died on May 31, 2014 . Her estate
a. is obligated to find another person who will agree to teach during the academic year.
b. is discharged from any further obligations under the contract.
c. will be discharged from any obligations under the contract only if it can be shown that her death was unexpected.
d. will not be discharged. If the University has to pay more in order to hire a comparable substitute professor at the last minute, then the estate will be responsible for the difference in pay.
b
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Stephenson Co.'s 15-year bond with a face value of $1,000 currently sells for $850. Which of the following statements is CORRECT?
A. The bond's current yield exceeds its yield to maturity. B. The bond's yield to maturity is greater than its coupon rate. C. The bond's current yield is equal to its coupon rate. D. If the yield to maturity stays constant until the bond matures, the bond's price will remain at $850. E. The bond's coupon rate exceeds its current yield.
Which of the following statements are characteristics of ‘postmodernist’ conceptions of organizational culture as text?
a. Organization culture is complex, and can be read in fragments b. Culture can be viewed more as a ‘text’ c. All texts suppress, silence and marginalize some elements of discursive reality d. All of the above
Penalties exist for anyone who circumvents encryption software or other technological antipiracy protection
a. True b. False Indicate whether the statement is true or false
Edward, an attorney, allows a statute of limitations to lapse on a claim by Fabrication Company, a client. Edward
a. can be held liable for malpractice. b. has violated an ethical standard but cannot be held liable. c. is subject to criminal penalties under the statute of limitations. d. will be automatically disbarred.