Which of the following would be the likely result if Bobby sues Jaya for the $40 she owes him for the book?

A) Bobby will win because Jaya cannot avoid her obligations through a delegation.
B) Bobby will win but only because he was not aware of the assignment.
C) Bobby will win but only because the contract was for an amount under $1,000.
D) Bobby will win only if Laura cannot be found for service of process.
E) Jaya will win because she delegated the duty of payment to Laura.

It is possible to have a different mindset for different tasks.

Many economists believe that

A) the corporate income tax satisfies the goal of horizontal equity.
B) the corporate income tax does not distort the incentives of customers.
C) the corporate income tax is more efficient than the personal income tax.
D) workers and customers bear much of the burden of the corporate income tax.

The textbook identifies several methods that may be used when comparing female and male job classes.Which method would you consider to be inappropriate?

A) proxy
B) job-to-job
C) equality
D) proportional value

Warren and Erika paid $9,300 in qualified expenses for their son,Cash,to attend the University of Washington.Cash is in his first year of college and attended full-time.How much is Warren and Erika's American opportunity tax credit,without regard to any AGI limitation?

A) $0.
B) $1,800.
C) $2,500.
D) $9,300.

Katarina puts money into an account. One year later she sees that she has 6 percent more dollars and that her money will buy 4 percent more goods. The nominal interest rate was

A) 10 percent and the inflation rate was 6 percent.
B) 6 percent and the inflation rate was 2 percent.
C) 4 percent and the inflation rate was 2 percent.
D) 10 percent and the inflation rate was 4 percent.