U.S. Wheat Sales Inc has a contract with Zambia to supply 1,000,000 bushels of wheat. Before shipment, the U.S. government put an embargo on the sale of wheat to Zambia. U.S. Wheat cannot ship. In a legal action:
A) U.S. Wheat would be liable for breach of contract and have to pay damages
B) U.S. Wheat will have to get wheat from other sources and specifically perform.
C) U.S. Wheat will be excused from performance because of the doctrine of impossibility of performance.
D) none of the above is correct.
C
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When a response elicited by one stimulus becomes applicable to another stimulus, it is called
A. routine problem solving. B. stimulus generalization. C. stimulus discrimination. D. selective retention. E. selective comprehension.
Stuart Company's manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the standard deviation of the estimated returns? (Hint: Use the formula for the standard deviation of a population, not a sample.) Economic ConditionsProb. Return Strong30% 32.0% Normal40% 10.0% Weak30% ?16.0%
A. 17.69% B. 18.62% C. 19.55% D. 20.52% E. 21.55%
Ethics is concerned with the fairness or justness of an action
a. True b. False Indicate whether the statement is true or false
What practical problems are encountered in using the CAPM to estimate common equity capital cost?
What will be an ideal response?