In which of the following cases can the remedy of rescission be invoked by the affected party?

A) Mistake of tort
B) Mistake of contract
C) Mistake of law
D) Mistake of fact

Carlita retires from Mortex Associates,a partnership.The business is continued by the remaining partners.What is Carlita's liability on debts incurred while she was a partner?

A) Carlita has liability to the extent of her capital contribution.
B) Carlita is fully liable.
C) Carlita has no liability.
D) Carlita has liability to the extent of partnership assets at the time of dissociation.

The marketing team at Jiokaane Systems meets its chief operating officer, Linda, to discuss the best international strategy that they can adopt to enhance their sales and increase their customer base. Although the marketing team is in favor of a meganational approach, Linda recommends following a multidomestic approach. Which of the following statements can Linda use to justify her viewpoint?

A) The company can exploit location economies.
B) The company can promote knowledge flow throughout the organization, regardless of where the ideas originate.
C) The company can only focus on having globally standardized products.
D) The company can allow its local subsidiaries to decide what products to develop and sell in their local markets.

A capital expenditure project becomes desirable when the value of the cash flow generated by the project exceeds the project's cost.

Defectors of change have initial change-supportive perceptions but become resistant over time.

Yates Manufacturing Company incurs the following manufacturing costs and expenses during the month of May.
1. Assembly line wages
2. Raw materials used directly in product
3. Depreciation on office equipment
4. Property taxes on factory building
5. Rent on factory building
6. Sales commissions
7. Depreciation on factory equipment
8. Factory utilities
9. Wages for factory maintenance workers
10. Advertising
11. Indirect materials used in production
12. Factory manager's salary
Instructions
Complete the following matrix by placing an X mark under the appropriate headings.

Falco Industries is adopting a balanced scorecard. It would be a positive outcome of the process if Falco's employees fully embraced surrogation of the metrics.