Ellen contracts with James to be her stockbroker, making stock trades for Ellen's account. Ellen need not pre- approve the trades that James makes, only trades for more than $20,000 . Ellen and James include a clause stating "that in case of any disputes arising out of this contract; the dispute shall be arbitrated using the rules of the New York Stock Exchange." Ellen learns that since signing
her contract with James, he has routinely been making trades worth more than $20,000 without her permission, and losing money. Before arbitrating this disputes, Ellen and James might be wise to attempt:
a. litigation
b. physical violence c. negotiation
d. reconciliation e. animation
c
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The following is from Goldman Inc's 2016 income statement. Purchases $172,000 Transportation-In 11,000 Inventory, January 1, 2016 26,500 Inventory, December 31, 2016 28,800 Purchase Returns and Allowances 8,400 How much will Goldman report as cost of goods purchased in its 2016 income statement?
a. $180,400 b. $174,600 c. $183,000 d. None of these choices
______ occurs when we think we understand one another, but instead, miss one another’s meaning.
A. Interpretation B. Emotive language C. Polarizing language D. Bypassing
In which of the following cases is the felony murder rule applied?
A. when the felon in the case was killed while the crime transpired B. when the murder was committed without intent while committing another crime C. when the reason for the death is found to be involuntary manslaughter D. when the crime involves the intended murder of another person
Pan American Pancake House, Inc., a U.S. firm, and Wallaby Waffles, Ltd., an Australian firm, enter into a contract that does not have a forum-selection or choice-of-law clause. Litigation between Pan American and Wallaby over a dispute involving this contract may occur in
A. Australia only. B. Australia or the United States, but not both. C. Australia, the United States, or both. D. the United States only.