An employee's lack of time or conflicting demands upon it, inadequate work facilities and equipment, restrictive policies that affect the job, lack of cooperation from others, type of supervision, temperature, lighting, noise, machine or equipment pacing, shifts, and even luck, are all examples of:
A. environmental factors as performance obstacles.
B. task perceptions as they relate to performance.
C. direct determinants of employee performance.
D. affirmative action plans as they relate to performance.
Answer: A
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Stale Checks. On July 15, 1986, IBP, Inc, issued to Meyer Land & Cattle Co a check for $135,234.18 payable to both Meyer and Sylvan State Bank for the purchase of cattle. IBP wrote the check on its account at Mercantile Bank of Topeka. Someone at the
Meyer firm misplaced the check. In the fall of 1995, Meyer's president Tim Meyer found the check behind a desk drawer. Jana Huse, Meyer's office manager, presented the check for deposit at Sylvan, which accepted it. After Mercantile received the instrument and its computers noted the absence of any stop payment order, it paid the check with funds from IBP's checking account. IBP insisted that Mercantile credit IBP's account. Mercantile refused. IBP filed a suit in a federal district court against Mercantile and others, claiming, among other things, that Mercantile had not acted in good faith because it had processed the check by automated means, without examining it manually. Mercantile responded that its check-processing procedures adhered to its own policies, as well as to reasonable commercial standards of fair dealing in the banking industry. Mercantile filed a motion for summary judgment. Should the court grant the motion? Why or why not?
Brad owns 100 shares of AAA Corporation with a basis of $6,000 and a FMV of $24,000. Brad receives 15 stock rights as a nontaxable distribution with a total FMV of $6,000. Brad allows the stock rights to expire. Brad's loss recognized and the basis of the original 100 shares after expiration of the stock rights is
A) $0 and $4,800. B) $0 and $6,000. C) ($1,200) and $4,800. D) ($1,200) and $6,000.