A corporation's board of directors hires ______ to run the business
a. specialists
b. lay persons c. managers
d. supervisors e. directors
c
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The primary goal of the North American Free Trade Agreement (NAFTA) was to
a. allow Canada, the United States, and Mexico to compete as a common economic entity against other countries in the world. b. allow for the free and unrestricted movement of people from one country to another to improve the labor market of all three counties. c. eliminate almost all trade barriers between the three nations. d. establish a common set of tariffs and trade restrictions for external countries.
A price-fixing agreement that is reasonable does not violate antitrust law
Indicate whether the statement is true or false
The tort of intentional infliction of emotional distress is exemplified by
a. a practical joker who phones the parents of a college football player at their house in a distant state and says: "I've got good news and bad news about Mike. He's just been named the best player in the conference.". (TRUE) "But he was seriously injured in the final game, and...he died a few minutes ago on the operating table.". (FALSE) Then, after a pause, "Just kidding folks! He's a hero and he's okay. He is flying home now.". (TRUE) b. an obscene joke made in a public speech by an inebriated toastmaster that offended one half of the audience and shocked another quarter and delighted the remainder. c. the collision of a heavy truck because the driver fell asleep at the wheel and the driver had lied at semi-annual physical about his physical condition related to sleep issues. The collision is with a motorcycle, and it causes permanent paralysis of the cyclist's lower body. d. "flipping off" a driver for following too close on the freeway after a near collusion and the driver also was in the commuter lane with no passengers during commute time.
A sole proprietorship is formed without any formality, is not a separate taxable entity, is dissolved upon death of the owner, and has unlimited liability for the owner
Indicate whether the statement is true or false