Teena, Isaiah, and Bart form a general partnership to sell automobiles. Teena, who is responsible for ordering inventory, orders large sport-utility vehicles (SUVs) that use great quantities of gasoline. A war breaks out unexpectedly in the Middle East that interrupts the supply of oil to the United States. The demand for large SUVs drops substantially, and the partnership cannot sell its inventory. Which of the following statements is true?
A. Teena has violated her duty of care.
B. Teena has violated her duty to inform.
C. Teena is not liable because the duty of care was not breached.
D. Teena must repay the partnership for the lost profits.
E. Teena is liable under the business judgment rule.
Answers: 2
Business, 22.06.2019 01:00, pizarroisaid
An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?
Answers: 2
Business, 22.06.2019 12:20, kayleewoodard
Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.
Answers: 1
Business, 22.06.2019 23:00, andersonmm22
The sign at the bank reads, "wait here for the first available teller," suggests the use of a waiting line system. a. multiple server, single phaseb. random server, single phasec. single server, multiphased. multiple server, multiphasee. dynamic server, single phase
Answers: 2
Teena, Isaiah, and Bart form a general partnership to sell automobiles. Teena, who is responsible fo...
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