Discuss the pros and cons of gambling and whether there might be any reason for a court or legislature to treat gambling on credit any differently from gambling itself
Almost all states permit some form of wagering. Supporters of gambling say that casinos create jobs and steady income, provide money for the state, and take business away from organized crime. Opponents of gambling argue that it appeals to human weakness because those who cannot afford to lose money will spend on the unlikely chance of gaining more, that addicted gamblers destroy families, that gambling weakens the fabric of communities by appealing to the idea that people can get something for nothing rather than encouraging citizens to earn income from honest labor, and that crime increases when gambling is permitted in a community. Many states do not allow gambling on credit. The California Court of Appeals in Metropolitan Creditors Service of Sacramento v. Sadri, set forth a special reason for treating gambling on credit differently from gambling in general. The court stated that having lost cash, a pathological gambler will continue to play on credit, if extended. The court stated that "the law should not invite them to play themselves into debt.".
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Tulley Manufacturing has an unfavorable direct labor rate variance. Which of the following would be the most likely reason for this variance?
A) The company used lower-paid workers in the production process than they had expected. B) Employees took a longer amount of time to produce the product than expected. C) The company gave employees an unexpected raise due to union negotiations. D) Employees used more direct materials in the production process than expected.
Bill is the paternal head of his family and the family enterprise. He is concerned about the business and wants to ensure its survival for the long run. You, as a consultant, advise him to focus on ______.
a. selling the company b. passing on an entrepreneurial mindset to his family members c. writing a detailed business plan d. establishing a trust for the business
A corpus of knowledge is a large set of related data and texts.
Answer the following statement true (T) or false (F)
The learning rate for a product is 90 percent. The first unit took 10 hours to complete. The manufacturer wants to determine how many hours the fourth unit will take by using the formula approach. What is the coefficient b for that calculation?
A) -.1053 B) -.1520 C) -.3219 D) .6931 E) 8.1