Reference no: EM132266025
1. Inadvertently, Ralph leaves his backpack at Sushi Café when he stops for lunch. The backpack is
Mislaid Property
Abandoned Propetry
Bailed Property
Lost Property
2. Avoiding the enforcement of a standard-form contract is not possible.?
True
False
3. Equine World enters into a contract with FabuloSales to provide Equine World with a plan to repurpose its marketing strategy. If FabuloSales breaches the contract, Equine World has a duty to
punish FabuloSales and deter others from similar acts.
take no action.
reduce the loss that FabuloSales might otherwise suffer.
reduce the damages that Equine World might otherwise suffer.
4. Gwen and Hunt are partners in Investment Associates. Hunt takes advantage of a partnership opportunity for personal gain that causes the firm’s business to suffer. A court orders Hunt to hold the profits in trust for the partnership. This is?
?an living trust.
a resulting trust.
?a constructive trust.
?a testamentary trust.
5. Kelly is accused of receiving stolen property. She can refuse to provide information about her allegedly criminal activities
under no circumstances.
if she suspects the information will be used to prosecute her.
if the information is “fruit of the poisonous tree.”
if the police do not promise to keep the information confidential.
6. A research institute plans to build a competitor response profile for a study. Which of the following is the first step to build such a profile?
Identifying the assumptions
Studying the strategic ideas of competitors
Focusing on productivity
Creating a structural chart
7. Identify a feature of the changing phase of organizational change.
It is how a company adapts to its environment and learns new behaviors.
It allows organizations to maintain the progress they made through change.
It begins when individuals, groups, or companies make a “stop doing” list.
It provides the fundamental motivation for change.
8. ThomasMyers Inc., a global automobile company, aims at developing a strategy to create and sustain a competitive environment. It wants to develop a structure that divides the labor and tasks of the organization. It aims at coordinating and controlling work of the different units within the firm. In the context of the 7 S model of organizational alignment, which of the following best exemplifies ThomasMyers' approach?
Guiding coalition
Hard triangle
Scorecard
Soft square