Dwayne and Ewell enter into a contract for the design of an addition to Dwayne's house for which he agrees to pay Ewell. Ewell transfers his right to payment under the contract to Flex Construction Company. Flex is
A. a delegatee.
B. an assignee.
C. an obligee.
D. an alien.
Answer: B
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Dwight, the general manager of a hotel, knows that one of his housekeeping employees has a serious substance-abuse issue. Dwight knows that because of the seriousness of the issue he needs to talk with the employee. However, his assistant manager asks Dwight if he would like her to deal with it. Dwight knows this is not the best option, but he agrees, knowing it is the easy way out. Dwight's decision is an example of
A. relaxed avoidance. B. relaxed change. C. defensive avoidance. D. panic. E. intuition.
Identify the arguments that have not been used to support or refute the ethical legitimacy of preferential hiring policies.
A. Such policies should be rejected because they may create more discrimination as a backlash against gender or racial preferences. B. Preferential hiring is a means of providing more role models for young women and people of color. C. These policies violate the rights of white males. D. These policies are obligatory means for compensating people for harms they have suffered. E. All of the answers are correct. F. None of the answers are correct.
In an economic strike, workers refuse to work until:
A. The employer meets their demands for conditions of employment. B. The NLRB rules they must return to work. C. The contract expires. D. Their strike funds run out.
Eccles Inccorporated Eccles Incorporated, a zero growth firm, has an expected EBIT of $100,000 and a corporate tax rate of 25%. Eccles uses $500,000 of 12.0% debt, and the cost of equity to an unlevered firm in the same risk class is 16.0%. Refer to the data for Eccles Incorporated.What is the firm's cost of equityaccording to MM with corporate taxes?
A. 21.0% B. 23.3% C. 25.9% D. 28.8% E. 32.0%