Eric has gradually been losing his eyesightwhich has

Assignment Help Finance Basics
Reference no: EM13393382

1.Javier gives written authorization to Tamara to sell his house.Javier dies on the October 4. On October 8, Tamara enters into a written contract on behalf of Javier to sell the house to Trudy for $100,000. Before Tamara entered into the contract,she showed the written authorization to Trudy. Javier's estate is

A. liable if the price is fair
B. not liabe
C.obligated to sell for $100,000 because Tamara had express authority
D. liable if Tamara knew Javier was decreased at the time of the contract

2.Ted is a janitor at Big Deal,Inc. One night,Ted is cleaning the boss's office and sits in the boss's chair. At that moment,a salesman walks in,thinks Ted is a manager, and offers to sell Big Deal Inc., 700widgets for $100 each. Ted thinks this sounds like a good deal,assumes the boss will be pleased,and signs the contract as an agent for Big Deal,Inc. The boss discovers this deal the next day and is angry because widgets cost $27 each. If Big Deal is obligated under the agreement, it's based on------authority

A.actual
B.implied
C.express
D.apparent

3.Carl,a liitle person with dwarfism,applies for a job. He is told he won't be hired because he is a little person. Carl sues,claiming discrimination under the Civil Rights Act. Which of the following statements is true?

A. Unless Carl can show that height requirement has a disparate impact on short people,he has no claim
B.Unless the employer can show that begin of a certain height is a bona fide job qualification,Carl has a good claim
C. Carl has a good claim
D.Carl has no claim

4.Eric has gradually been losing his eyesight,which has adversely affected his work. When the boss fires Eric,she tells him that she's letting him go because he can't see anymore. Eric's discharge is

A.not wrongful because it didn't involve a hiring decision
B. not wrongful if he can't perform the job without reasonable accommodations by the employer
C. wrongful if the employer can make a reasonable accommodation for his disability
D. wrongful because once hired,employees can't be discharged due to disability

5.Sal hires Antoinette to sell his house and gives her power of attorney that authorizes her to do,but the power of attorney says nothing about price. Sal tells Antoinette to take nothing less than$200,000. Harry offers Antoinette $195,000 for the house,and Antoinette accepts. If Sal is bound by the sale contract,the most likely reason------authority

A. express
B. implied
C.apparent
D.actual

6.Norma has worked for Big Factory for 15years,has never missed a day of work,and has always been an excellent worker. One day,without warning,Norma's supervisor firs her without any explanation. Norma knows of no reason for the termination.Which of the following statements is true?

A.Norma may file a bad faith action against her supervisor
B.Norma can't do anything as long as the reasons were nondiscriminatory
C.Norma may file a bad faith action against Big Factory
D. Norma can't do anything unless she lives in an employment-at-will jurisdiction

7.Lee hire Zeke to sell her house. She tells Zeke to ask for $200,000, but says she will take $175,000. Zeke's friend Victor asks Zeke about the house, and Zeke tells him that Lee will take $175,000. Victor offers $175,000, and Zeke accepts. Zeke violated his duty of

A. account
B. loyalty
C.obedience
D. due diligence

8. Billy works as a freelance writer for Big Books.Billy works in his own home and has contract with Big Books only to receive and return writing projects. Billy is a/an----------for Big Books

A.employee
B.independent contractor
C.fiduciary
D.agent

9. Bob's company was found in violation of ERISA. The violation likely relates to

A. failure to pay overtime
B.workplace safety
C.Bob's pension plan
D.workers'compensation

10. Tony tries to start a union at Big Tech,Inc. His employer learns of his attempt to organize a union and fires him.Big Tech's actions

A. are permitted if they first give Bob notice forbidding the union
B.are permitted
C.are permitted if the state has adopted right-to-work legislation
D.constitute an unfair labor practice

Reference no: EM13393382

Questions Cloud

Using the graph andintuition determine whether there is a : based on what you have learned from your research on regression analysis and correlation answer the following questions
Determine the key strengths and weaknesses of your company : use the internet or the strayer library to familiarize yourself with an industry and then create a fictional start-up
Describe factors regarding the corporate culture that were : 1 discuss factors about the corporate culture that were at play and suggest central reasons why the executive staff
How must you organize business outside of us should you : youve developed a very popular up-scale but reasonably priced clothing fashion line for young people. you produce
Eric has gradually been losing his eyesightwhich has : 1.javier gives written authorization to tamara to sell his house.javier dies on the october 4. on october 8 tamara
Describe the assertion that one 1 demerits of the pure : explain the assertion that one 1 disadvantage of the pure project organization is the project professionals tendency to
Describe first mover advantage and the six modes of entry : explain the first mover advantage and the six modes of entry into foreign markets. identify a foreign market that you
Describe airborne industry environment using 5-forces model : 1.describe airborne industry environment using 5-forces model and macro environmental scanning. 2.what competitive
Identify at least three 3 risks and three 3 benefits of : identify at least three 3 risks and three 3 benefits of using the perpetual inventory management system. discuss the

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the break-even point in units for the company

Rocky Mount Metals Company manufactures an assortment of wood-burning stoves. The average selling price for the various units is $500. The associated variable cost is $350 per unit. Fixed costs for the firm average $180,000 annually.

  Multiple choice questions on cvp analysis profitability

multiple choice questions on cvp analysis profitability ratios variance analysis.1.nbspnbsp garth company sells a

  What is the initial cost of the project

The flotation cost of equity is 11.6 percent and the flotation cost of debt is 5.4 percent. What is the initial cost of the project including the flotation costs if you maintain a debt-equity ratio of 0.45?

  Calculate the present value of the salary

Suppose today is August 1, 2006. Charles is thirty years old and has a Bachelor of Science degree in computer science. He is currently employed as a Tier 1 field service representative for a telephone corporation and earns $38,000 a year that he anti..

  Evaluate forrester proposed relaxation of credit standards

Show all necessary calculations required to evaluate Forrester's proposed relaxation of credit standards.

  What is the approximate cost per month

You own 100 shares of Amazon stock (AMZN) and are concerned that the price will go down. You do not want to sell because you have unrecognized capital gains and are in a high tax bracket.

  Compute the anticipated value of the dividends

Hunter Petroleum Company paid a $2 dividend last year. The dividend is expected to increase at a constant rate of 5% over the next 3-years. The required rate of return is 12%

  How does the future value of an annuity compare

Present values are negatively impacted by higher interest rates. How does compounding compare with discounting? How does the future value of an annuity compare with the future value of a lump sum?

  Disucss the financial strategy

Disucss and explain the financial strategy that your selected organization has created to manage your selected contemporary issue.

  What is the most he should have to pay for the annuity

The annuity is for $8,000 per year and is designed to last 10 years. If the interest rate for this problem calculation is 13%, what is the most he should have to pay for the annuity?

  What is value of project after considering the investment

The project WACC is 10.8%. What is the value of the project after considering the investment timing option?

  Which plan will result in higher eps

If EBIT is $750,000, which plan will result in higher EPS?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd