To avoid liability for intentional injuries, Northwest Power Corporation includes in its contracts an exculpatory clause. This is
A. enforceable if the other parties are protected from liability.
B. enforceable if the other parties consent to it.
C. enforceable if the other parties have equal bargaining power.
D. not enforceable.
Answer: D
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Who among the following are held liable for negligence for failing to inspect and for misrepresenting the character of goods or their fitness for a particular purpose?
A. Retailers B. Distributors C. Wholesalers D. Manufacturers
Phyllis and her coworkers hardly ever talk to their boss Courtney. In fact, they only see her once or twice a day. Nevertheless, their department generally chugs along like a well-oiled machine thanks to the extremely structured nature of their work. They use a software system that tracks their time, guides them through each step of their workday, and even contains a help guide that addresses almost every conceivable problem that could arise. Everyone knows what their job is and what is expected of them. The software system acts as a(n)
A. substitute. B. accessory. C. replacement. D. augmenter. E. neutralizer.
Dividends and capital gains earned by mutual fund investors are taxed when the shares are redeemed
Indicate whether the statement is true or false.
In the classical model of decision making, it is assumed that
A. there is no optimum decision. B. there is more than one alternative. C. there is only one alternative. D. managers will not apply their own preferences to make a decision. E. managers have access to all the information they need.