CM
Carmelo Mattioli
Answers (6)
CM
Answered
Jimmy's utility function is U(a, b) ab, where a is his consumption of apples and b is his consumption of bananas.If prices and income change in such a way that Jimmy's old consumption lies on his new budget line, then Jimmy will not change his consumption bundle.
On Jul 11, 2024
False
CM
Answered
Under common law, what are the three primary types of liability assessed against accountants?
A) Negligence, breach of contract, and accounting misalignment
B) Breach of contract, fraud, and accounting misalignment
C) Fraud, negligence, and accounting misalignment
D) Breach of contract, negligence, and innocent misrepresentation
E) Negligence, breach of contract, and fraud
A) Negligence, breach of contract, and accounting misalignment
B) Breach of contract, fraud, and accounting misalignment
C) Fraud, negligence, and accounting misalignment
D) Breach of contract, negligence, and innocent misrepresentation
E) Negligence, breach of contract, and fraud
On Jul 08, 2024
E
CM
Answered
Refer to Figure 27-4. Which of the following statements is correct?
A) At point A the standard deviation of the portfolio is 3.
B) A risk averse person always will choose to be at point A.
C) At point D the portfolio consists of about 15 percent stocks and 85 percent safe assets.
D) The figure shows that the greater the risk, the greater the return.
A) At point A the standard deviation of the portfolio is 3.
B) A risk averse person always will choose to be at point A.
C) At point D the portfolio consists of about 15 percent stocks and 85 percent safe assets.
D) The figure shows that the greater the risk, the greater the return.
On Jun 11, 2024
D
CM
Answered
Describe the differences between FOB shipping point and FOB destination.
On Jun 08, 2024
If goods are shipped FOB shipping point,ownership transfers to the buyer when the goods depart the seller's place of business,and the seller records revenue at that time.The buyer is then responsible for paying shipping costs and bearing the risk of damage or loss while goods are in transit.If goods are shipped FOB destination,ownership of the goods transfers to the buyer when the goods arrive at the buyer's place of business.The seller is responsible for paying shipping costs and bears the risk of damage or loss in transit.The seller does not record revenue until the goods arrive at the destination because the transaction is not complete before that point.
CM
Answered
Effective presenters avoid redundancy and increase suspense by waiting to announce the topic until after the introduction.
On May 12, 2024
False
CM
Answered
Eric was painting the interior of Erna's house. While he was painting, Erna was constantly nattering at him. One day, he quietly packed up all of his equipment, waved good-bye and left. He had almost completed the job and had two walls left in the small bedroom. What did Eric's actions constitute?
A) Express Repudiation.
B) Implied Repudiation.
C) Mitigation.
D) Specific Performance.
A) Express Repudiation.
B) Implied Repudiation.
C) Mitigation.
D) Specific Performance.
On May 09, 2024
B