What are some of the controversies surrounding the business involvement in the education system?
What will be an ideal response?
The following are of concern: the establishment of private, for-profit colleges; funding for buildings or
centres from private sources with some conditions attached; conflicts of interest in the funding of
research; the commercialization of research; and exclusivity agreements to provide goods and services.
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In an insurance contract, if one of the two parties involved drafted a contract, ________.
A. a third mutual party should also sign the contract for it to be valid B. ambiguities are solved in favor of the party who drafted the contract C. the contract will not be legally enforceable D. ambiguities are solved against the party who drafted the contract
If a company’s production process is not aligned with the volume and variety demanded of the product, then the company ______.
A. has made a bad decision with regard to choice of process B. needs to stop production C. needs to find a new market for its product D. needs to offshore its production
A(n) ______ is an employee who leaves their home country to go work in another country.
A. parochial B. ethnocentric C. expatriate D. BRIC
David gave property with a basis of $133,000 to Hannah when the property had a FMV of $100,000 and paid gift taxes of $8,000. If Hannah later sells the property for $140,000, Hannah's basis (to determine gain) in the property immediately before the sale is
A) $100,000. B) $108,000. C) $133,000. D) $141,000.