If obsolete or damaged goods can be sold,they will be included in inventory at their original cost.

The lack of information sharing between the retailer and manufacturer leads to a large fluctuation in manufacturer orders.

Your upstairs neighbor is the first-chair violinist in the local symphony orchestra. Because you are very fond of violin music, you sit on your balcony each night to listen to her rehearse. In this case, your violin-playing neighbor is an example of a

A) public good.
B) good that imposes an external cost.
C) good that provides an external benefit.
D) Pareto good.

Assuming Adler must bear the risk of loss of his sculpture, if he sues the ship to recover damages, would the lawsuit likely be dismissed?

A) No, because Adler had an insurable and special interest and, thus, has standing to sue.
B) No, because the ship was not at fault.
C) Yes, because Adler bears the risk of loss according to his contract with Juno.
D) Yes, because Adler did not have an insurance interest in the sculpture.
E) Yes, because the ship was not a party to the contract.

Denise predicted her boss would be late for the end of month meeting, as he typically was. She stopped to consider the bigger picture and decided that being calm would better help her meet her goals. Instead of becoming overly irritated, she took the extra time to do additional preparation and take a few relaxing deep breaths. Denise is practicing what type of emotional regulation?

A) situation modification
B) attention deployment
C) suppression
D) cognitive change

Ed signs a ten-year lease with a survival clause. If Ed is evicted after two years, he will have to pay:

A) rent for the remaining 8 years.
B) damages equal to the difference between the rent specified in the lease and the rent the landlord is able to obtain from reletting the premises.
C) until eviction.
D) until he assigns the lease.