Stan sends for a law school catalog from Ivory Towers University. According to the catalog, the law school applications are evaluated on the basis of undergraduate grades, standardized test scores, and references. Stan, who is a straight-A student, has high test scores and excellent references, applies and pays the $100 application fee. His application is rejected. Later he finds out that others

with low grades and test scores were accepted based on their family connections and donations made to the University. If Stan followed all of the guidelines in the college catalog and paid the required application fee, then according to the court in Steinberg v. Chicago Medical School:
a. there is not a contract.
b. there is a quasi contract.
c. there is a valid contract; the school bound itself to honor the obligations set forth in the college catalog.
d. there is a voidable contract.


c

Business

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Management strategic options pertaining to products that are facilitated by a single European market include:

A) standardized packaging and labeling. B) consolidated production. C) shift from brand to benefit segmentation. D) seeking marketing economies. E) all of the above

Business

Goldhar&Nemoy, a law firm, leases a fax machine from QED Business Machines. The principal is $5,000 and the interest over the five-year term of the lease is $1,000, so that G & M's monthly payment are $100 for 60 months

The lease provides that if any payment is missed, the entire balance of the lease becomes due, and QED may repossess the machine. G & M makes the first 12 payments, then defaults. QED repossesses the machine and immediately re-leases it to another company on the same terms. It sues G&M for $4,800. Which of the following statements is TRUE? A) This lease contains an acceleration clause which permits QED to sue for the full balance owing after a default? B) G&M may be able to defend on the basis that the acceleration clause is a penalty. C) If the acceleration clause is struck down, QED's damages will be limited to the expenses of repossessing and re-leasing the machine. D) All of the above are true. E) None of the above are true.

Business

An advantage of work sampling is that it completely breaks down work elements

Indicate whether the statement is true or false

Business

The primary lesson to be learned from the lawsuit brought by Microsoft's temporary workers in the 1990s is that:

a. it is safest legally to hire temp workers through a temporary staffing agency b. employers must provide benefits to all of their employees c. companies that use temp workers will often be deemed joint employers of those workers d. employers cannot arbitrarily exclude some employees from benefit plans by labeling them as temporary workers e. none of the above

Business