A(n) ________ is an equitable doctrine whereby a court may award monetary damages to a plaintiff for providing work or services to a defendant even though no actual contract existed
A) bilateral contract
B) unilateral contract
C) implied-in-fact contract
D) quasi contract
D
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Chad’s family is hosting a student, Siswe, from Ghana for a semester, and Chad knows nothing about Ghana. Chad makes it a point to ask Siswe about his culture and his life to get a more informed understanding. Chad is engaging in what practice?
a. cultural imperatives b. perception checking c. diversity d. sensitivity
In television advertising, the combined impact of message frequency and reach produces an index called ________
A) customer response index B) marketing penetration index C) advertising elasticity index D) gross rating points E) market share index
Consumers are less price sensitive when ________
A) price is only a small part of the total cost spent on the product over its lifetime B) they perceive the higher prices to be unjustified C) they change their buying habits regularly D) there are many substitutes and competitors in the market E) they are buying high-cost items
Which of the following is/are true regarding the fair value option for marketable securities and derivatives?
a. Subsequent to the acquisition of a derivative, the firm may report changes in fair value of derivatives in Other Comprehensive Income. b. Subsequent to the acquisition of a derivative, the firm may report changes in fair value of derivatives, but they have no effect on any lines of the statement of cash flows. c. Firms using the fair value option mark the carrying value of the asset to fair value each period. d. If the change in fair value of the derivative decreases carrying value, then the firm reports the amount of that decrease as a loss during the current period. e. all of the above