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Community rating is a regulation that requires:

A) cities to give ratings to movies shown in local theaters.
B) insurance companies to offer the same policies for the same premium to everyone,regardless of medical history.
C) insurance companies to charge higher premiums to healthy people.
D) insurance companies to charge higher premiums to the sickest people in the community.

On Jul 20, 2024


B
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Jared just started a new job as a project manager at consulting firm,and his boss Kathy challenged him to establish a social media strategy for the company.The company currently has no social media presence.Jared is comfortable working on his own and has an internal locus of control.Using path-goal theory,what leadership behavior would you recommend Kathy apply,and what is one action you recommend she take?

On Jul 18, 2024


Kathy should apply participative leadership with Jared.She should invite him to share in decision making,consult with him,get his ideas,integrate his suggestions.
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The test to determine whether a person has the mental capacity to contract is a(n) ________ one.

A) objective
B) reasonable person
C) cognitive
D) intellectual

On Jun 19, 2024


C
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A false statement about a person's business can give rise to liability for defamation.

On Jun 18, 2024


True
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Refer to Table 17-14. Is there a Nash equilibrium? If so, describe it.

On May 19, 2024


Yes. Exxon has a dominant strategy to drill two wells. BP has a dominant strategy to drill two wells. If Exxon drills two wells, BP cannot do any better than drilling two wells. If BP drills two wells, Exxon cannot do any better than drilling two wells. Thus, the Nash equilibrium is for each firm to drill two wells.
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One advantage of owning resources during the startup is that it puts the entrepreneur in a better position to commit and de-commit quickly.

On May 18, 2024


False