The test for when a court can add an implied term into a contract is the
A) subjective assessment test
B) objective assessment test
C) reasonable person test
D) beyond reasonable doubt test
E) officious bystander test
E
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Which of the following is an error made by commercial banks in 1920s that ?caused depositors to lose money and forced regulators to impose restrictions?
A. ?Banks sold securities in the primary market. B. ?Smaller banks merged to form larger banks. C. ?Banks issued loans to a number of firms that went bankrupt during the Great depression. D. ?Banks did not diversify their activities and were engaged only in banking activities.
Which of the following statements about the Bernie Madoff ponzi scheme is false?
a. Madoff too advantage of his unique ties to the investment community (he was the former Chair of the NASDAQ) to create trust and encourage further investments. b. Madoff began perpetrating the fraud shortly before passage of the Sarbanes-Oxley Act, and the provisions of that Act ultimately led to discovery of the fraud. c. Madoff was sentenced to 150 years in prison. d. The estimated amount missing from client accounts, including fabricated gains, was almost $65 billion.
Which of the following is a good predictor of success in jobs requiring cooperative teamwork and leadership?
a. openness b. agreeableness c. emotionalism d. extroversion
Whittaker Publishing Corp. is a publishing company that wants to hire more technical experts to handle the software requirements in the publishing process. However, the test given to the programmers assesses not only their technical knowledge but also their communication skills, language abilities, and understanding of client services. The test conducted by Whittaker Publishing Corp. is
A. high on reliability. B. high on specificity. C. high on acceptability. D. low on strategic congruence. E. low on validity.