The term stare decisis:
A) Means let the decision stand

B) Is a term that refers to the recognition of case precedent.
C) Is not used in statutory interpretation questions.
D) Both a and b


D

Business

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Automobile manufacturer ads comprise about 15 percent of all magazine advertising revenue. One reason auto manufacturers spend so much on advertising is that consumers do not purchase vehicles on a regular basis

When they do make decisions to purchase new cars, the auto companies want to make sure consumers remember the right brand. This illustrates the concept of: A) decay effects B) wear out effects C) carryover effects D) threshold effects

Business

The operating cycle for a merchandiser that sells only for cash moves from:

A. Purchases of merchandise to inventory to accounts receivable to cash sales. B. Inventory to purchases of merchandise to cash sales. C. Accounts receivable to inventory to cash sales. D. Accounts receivable to purchases of merchandise to inventory to cash sales. E. Purchases of merchandise to inventory to cash sales.

Business

A significant roadblock to the implementation of lean practices in an organization can be the lack of a?

a. Lean momentum b. Lean culture c. Lean profitability d. Lean cost-cutting

Business

February 15, Big Roar used its boat inventory as well as any future inventory as collateral for a loan from Bryer Bank. Bryer Bank perfected by filing a financing statement the same day. May10, Big Roar bought 50 wave runners from Under the Sun, Inc under a purchase money security interest. Under the Sun notified Bryer Bank of the PMSI and perfected the PMSI by filling a financing statement

before delivering the wave runners to Big Roar. Big Roar filed for bankruptcy. As between Bryer Bank and Under the Sun, who has the priority to the wave runners bought on May 10? a. Bryer Bank. The first to file has the priority interest in the inventory. b. Under the Sun. In this situation the PMSI in inventory takes priority over a conflicting perfected security interest. c. Under the Sun and Bryer Bank share proportionally the priority interest in the inventory. d. Neither Under the Sun nor Bryer Bank have a priority interest. The employees and the IRS have superior claims.

Business