Lance has just purchased a home for $220,000 in a quiet subdivision of Dallas. Lance soon discovers that his neighbors have two sons, ages 16 and 18, who have car stereos and a significant number of friends. Each evening as the boys return home, their
stereos are quite loud and the bass vibrations cause the windows in Lance's home to shake. Their returns are generally between midnight and 2:00 a.m., and Lance is losing sleep. He is quite irritable and not performing at his peak at work. Lance's neighbors are similarly disturbed by the boys' activities. What, if anything, can they do?
This is a nuisance case in which the balancing tests are easy. The boys can turn down (or off) the stereos as they approach home and solve the problem.
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Which of the following statements is true about responsibility accounting?
a. A profit center should be responsible for revenues only. b. Managers should be responsible for only those things which are under their control. c. Managers should be responsible for all things related to the organization. d. An investment center should be responsible for costs and revenues.
What statement reflects the change from early management theory to current theory?
a. There has been a shift from how workers could perform more efficiently to the human element through behavior sciences. b. There has been a shift from why workers perform to how much they can produce. c. The shift occurred within the past few years in the millennium. d. The shift occurred because there was to much focus on the behavioral sciences and needed to place the focus back on production.
Diane is the chief executive officer of a U.S.-based pharmaceutical firm. Over the years, she has been purchasing significant amounts of stock in the company
The rejection of the company's new drug, by the FDA, resulted in a huge drop in the company's stock value. Diane knew of the rejection before it was made public and sold her stock. Diane is guilty of ________. A) false accounting B) black marketeering C) insider trading D) influence peddling
To be enforceable, a writing evidencing an oral contract must have been signed by the party who seeks to enforce it
Indicate whether the statement is true or false