The parking garage in Hana's office building offers a valet parking service at no extra charge for customers in a hurry. The customer leaves the car with the keys in it just outside the attendant's booth. The attendant then parks the car somewhere in the garage and retains the keys until the customer returns. If a car is damaged after it is parked by the valet attendant,

A) there is no liability because the valet service is a mere adjunct of the garage's principal business of renting parking spaces to patrons, and most park their own cars.
B) there is no liability because the free valet service is a gratuitous bailment and the garage operator would only be liable for gross negligence.
C) the garage operator is liable because a true bailment exists.
D) the garage operator's liability would be limited to the cost of the parking if a large red sign explaining the limitation is posted at the payment booth.
E) the car owner is liable.

A company has a decision to make between two investment alternatives.The company requires a 10% return on investment.Predicted data is provided below:
Required:
(a)Calculate the net present value for each investment.
(b)Which investment should this company select? Explain.

A traditional press release ________.

A) should be written directly to the ultimate audience, such as the readers of a newspaper
B) does not follow the customary pattern for a positive message
C) should contain positive, self-congratulatory adjectives and adverbs
D) presents the good news first, followed by details and a positive close.

Which of the following is a cause of growing income inequality in the United States since 1980?

A) exporting to other countries by major U.S. industries
B) industrial restructuring from services to goods production
C) a widening wage gap between skilled and unskilled workers
D) an increase in the progressivity of the federal tax system

Secondary dimensions of diversity such as education, family status, language, and even income levels shape our values, expectations, behaviours, and experiences.

The three major cost of manufacturing a product are:

A) Marketing,selling,and administrative costs.
B) Indirect labor,indirect materials,and fixed expenses.
C) Direct materials,direct labor,and factory overhead.
D) Product costs,period costs,and variable costs.
E) General,selling,and administrative costs.