Incidental beneficiaries acquire no rights under the contract and so cannot sue for nonperformance.
Answer the following statement true (T) or false (F)
True
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Department stores such as Kohl's and Macy's practice high-low pricing by ________
A) charging a constant, everyday low price B) providing few or no temporary price discounts C) increasing prices temporarily on select products D) having frequent sale days for store credit-card holders E) underpricing most consumer items
Which of the following transactions affects the liabilities for Stallion Corporation?
A) Equipment is purchased for cash B) Services are provided to a customer on credit C) Payment is made on a bank loan D) Common stock is issued
The greater the variability of the possible returns on an investment, _____.
A. the lesser the expected return B. the lower the standard deviation of the investment C. the higher the actual return on the investment D. the riskier the investment E. the lower the beta of the investment
John Smith was assaulted on the loading dock by a coworker, Jim Jones, at the Acme Widget Company. The attack was unprovoked by Smith. After the physical assault, there was an angry verbal exchange between the parties. The incident ended when Jones yelled that Smith was a "sissy" and "everybody knows you're queer as a three dollar bill." Which of the following statements best describes the
outcome of the harassment lawsuit filed by Smith under The Civil Right Act of 1964? I. Sex discrimination is prohibited by federal law (The Civil Right Act of 1964). II. Sexual orientation discrimination is prohibited by federal law (The Civil Right Act of 1964). III. Suits based on harassment due to sexual orientation cannot prevail when based on local or state laws. IV. Sexual orientation discrimination is not prohibited by federal law (Title VII). a. I only b. II only c. III only d. I and IV