Judge Julia decides that the precedent for the case she is hearing is no longer correct due to technological changes. She overturns the precedent when she decides the case. It is most likely that her case will

a. go unnoticed by the public.
b. be thrown out of court.
c. receive a great deal of publicity.
d. be ignored by the media.


c

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Existing customers are more expensive to serve than new customers

Indicate whether the statement is true or false

Business

Concerning treasury shares, which of the following is/are true?

a. Firms recognize no gain or loss from purchasing their own shares or reissuing previously purchased shares. b. Differences between the purchase and reissue price are not earnings transactions but affect contributed capital accounts. c. Firms account for the purchase of treasury shares using either the cost method or the par value method or the constructive retirement method. d. The methods firms use to account for the purchase of treasury shares differ in terms of the shareholders' equity accounts affected, but all result in an equal reduction in total shareholders' equity when firms purchase their own shares. e. all of the above

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Private health insurance covers almost 75% of private health care expenditures

Indicate whether the statement is true or false.

Business

A school district is considering four locations for a new high school. There are four factors the district is considering (cost of land, distance to students, land size, and traffic flow). The higher the factor score, the better

The district would like to compare results using two weighting systems. The first system would give each factor equal weight and the second would give the factors weights of .4, .2, .1, and .3 respectively. Use the factor rating method to determine which location is best for each weighting system. (Note that the weights for system 1 can be anything, as long as they're equal.) Factor W(1 ) W(2 ) A B C D Cost of Land 1 .4 10 20 25 5 Distance to Students 1 .2 30 25 15 20 Land Size 1 .1 5 10 20 40 Traffic Flow 1 .3 20 5 15 30

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