Which of the following occurs if both a principal and an agent cannot agree on the compensation?

A) The principal is no longer bound by the duty of compensation.
B) Compensation will be calculated on the basis of what is reasonable or customary.
C) Compensation will be calculated according to government wage rates.
D) Compensation will be determined by the full faith and credit clause of the U. S. Constitution.


B

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Whenever you are listening to a speech where there is no expectation for interaction with the presenter, you are engaged in

a. conversational listening. b. passive listening. c. presentational listening. d. advocate listening.

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Exhibit 7-1 Edwards Co purchased raw materials with a cost of $95,000 on March 2, 2015. Credit terms of 3/20, n/60 applied. Edwards paid for the purchase on March 18, 2015. Calculate the amount at which Edwards would record the inventory on March 2, 2015, the date of purchase, using the method given. Refer to Exhibit 7-1. Edwards uses a perpetual inventory system and the net price method

A) $42,000 B) $76,000 C) $92,150 D) $95,000

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Amir takes his car to City Car Repairs to get his brakes repaired. City gives an estimate of $1,000 for the repair in writing and Amir agrees. When Amir comes to get the car after the brakes are fixed, he was given a bill for $1,200

As a result Amir A) must pay the $1,200 B) only has to pay $1,000 C) must pay $1,100 D) does not have to pay anything E) will have to take the case to ADR

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Title VII of the Civil Rights Act prohibits employers from discriminating on the basis of sex, race, color, religion, and national origin. Under the law, an employee has 180 days from the alleged discriminatory act to file a charge with the Equal Employment Opportunity Commission. How would these laws be classified?

a. The law prohibiting discrimination is procedural law; the 180 day law is substantive. b. The law prohibiting discrimination is natural law; the 180 day law is legal realism. c. The law prohibiting discrimination is historical law; the 180 day law is contemporary law. d. The law prohibiting discrimination is substantive law; the 180 day law is procedural law.

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