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ML

Answered

Which one of the following is NOT a dysfunctional team role?

A) Controlling
B) Diverting
C) Initiating
D) Withdrawing

On Jul 22, 2024


C
ML

Answered

Refer to Benicio. Which conflict resolution strategy relies on Benicio's formal authority and power?

A) Forcing
B) Avoidance
C) Smoothing
D) Problem solving
E) Compromise

On Jul 22, 2024


A
ML

Answered

Development,rites of passage,degradation,enhancement,and integration sustain organizational culture.

On Jun 25, 2024


True
ML

Answered

The Sarbanes-Oxley Act created the _____ to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing.

A) Public Company Accounting Oversight Board
B) Corporate Accounting Oversight Commission
C) Consumer Financial Protection Bureau
D) Occupational Health and Safety Administration
E) Equal Employment Opportunity Commission

On Jun 22, 2024


A
ML

Answered

The "Other Accounts" column in a cash receipts journal is also referred to as the

A) miscellaneous column.
B) excess column.
C) sundry accounts column.
D) compound-entry column.

On May 25, 2024


C
ML

Answered

Discuss what happens when the parties to a contract make mistakes with respect to what they have agreed.

On May 22, 2024


This question requires a review of the whole area of mistake and also an examination of the requirement of consensus in forming a contract. Students can even include a discussion of misrepresentation when misleading statements induce the mistake. Students should distinguish the different forms of mistake, including shared mistake, misunderstandings, and one-sided mistakes, indicating the court's approach when each happens. The court will apply a reasonable person test and apply the most reasonable interpretation when there is a disagreement over what the terms of a contract mean. Only where both explanations are reasonable will the court declare the contract void for lack of consensus. Where a shared mistake takes place-that is, where both parties make the same mistake-it is only where the mistake is important, such as a mistake about the existence of the subject matter, that it will be void. As far as a one-sided mistake, the principle of caveat emptor usually applies, and the person who made the mistake is out of luck. However, the principle of non est factum is available in limited circumstances, and students should explain what this means and when non est factum is not available. Students should also explain what happens when that one-sided mistake is induced by misrepresentation on the part of the other party.