AB
Amber Boesch
Answers (6)
AB
Answered
Bret decided to enlarge the fishpond in his backyard. He contracted with a general contractor, Conan. Conan subcontracted with Darson to do the excavation and with Ericson to do the plumbing. Conan's own workers did the masonry work. Bret made "progress payments" to Conan, since Conan said such payments were necessary to pay his workers and subcontractors. Bret learned that the workers and subcontractors had not been paid and Conan had used the payments to pay debts unrelated to the job on Bret's pond. Which of the following best describes Bret's position?
A) Because of the doctrine of privity of contract, Bret will not face any liability whatsoever.
B) If Bret held back the 10% required by statute from his payments to Conan, but then later paid it out despite liens having been filed against his property, Bret would still face no liability as he technically complied with the legislation.
C) Bret will be liable for all unpaid amounts because the work was on his land and for his benefit.
D) If Bret held back the 10% required by statute from his payments to Conan, his obligation would generally be limited to the amount of that holdback.
E) Bret had no obligation to hold back any amount of the payments made to Conan as the hold back requirement doesn't apply to progress payments.
A) Because of the doctrine of privity of contract, Bret will not face any liability whatsoever.
B) If Bret held back the 10% required by statute from his payments to Conan, but then later paid it out despite liens having been filed against his property, Bret would still face no liability as he technically complied with the legislation.
C) Bret will be liable for all unpaid amounts because the work was on his land and for his benefit.
D) If Bret held back the 10% required by statute from his payments to Conan, his obligation would generally be limited to the amount of that holdback.
E) Bret had no obligation to hold back any amount of the payments made to Conan as the hold back requirement doesn't apply to progress payments.
On Jul 19, 2024
D
AB
Answered
Other things equal, the price of a stock call option is positively correlated with which of the following factors?
A) The stock price
B) The time to expiration
C) The stock volatility
D) The exercise price
E) The stock price, time to expiration, and stock volatility
A) The stock price
B) The time to expiration
C) The stock volatility
D) The exercise price
E) The stock price, time to expiration, and stock volatility
On Jul 16, 2024
E
AB
Answered
Grassroots change occurs from the top-down, rather than from inside the organization.
On Jun 18, 2024
False
AB
Answered
What is the percentage of income received by the upper quintile on line Z?
On Jun 16, 2024
55
AB
Answered
Role play procedures do not include
A) Mirroring
B) Doubling
C) Role reversal
D) The double chair
A) Mirroring
B) Doubling
C) Role reversal
D) The double chair
On May 19, 2024
D
AB
Answered
Which of the following is not a reason to predict that farm subsidies might decline in the future?
A) a declining farm population
B) the special interest effect
C) pressure to cut the budget deficit
D) conflicts with free world trade
A) a declining farm population
B) the special interest effect
C) pressure to cut the budget deficit
D) conflicts with free world trade
On May 16, 2024
B