Assuming a note made by Barbara payable to Carol Jones, which indorsement will limit negotiability?

A) "Pay Carol Jones ."
B) "For deposit only, Acct. #602-043. Carol Jones ."
C) "Pay Connie for Carol M. Jones ."
D) "Pay Claudia as attorney for John Jones. Carol Jones ."

Bill feels that he possesses a good dose of "street smarts". Thus, he makes his business decisions based on how a project feels to him rather than taking the time to financially analyze a project. This type of behavior is referred to as:

A) Overconfidence.
B) Endowment effect.
C) Money illusion.
D) Affect heuristic.
E) Sentiment-based risk.

Which of the following is a guideline for improving intercultural communication?

A) Consider aspects like personal appearance when trying to judge a person.
B) Be flexible and prepared to change your habits and attitudes.
C) Avoid using sources like travel guidebooks to learn about a culture.
D) Always assume that others will think, believe, and behave as you do.

In which scenario will the court likely find the contract void on the grounds of mistake?

A) Annette bought a suit thinking she would be invited back for a second interview. She wasn't, and now wants to return the suit on the basis of mistake.
B) Ms. Hunt bought some property erroneously thinking that the province was planning to put a highway nearby, even though the seller had never made any such suggestion. She wants out of the contract.
C) The parties signed a document that stated the consideration as $1100 instead of the $900 that the buyer and seller had contracted for, but the buyer cannot prove the terms of the original contract.
D) Mr. Armstrong accepted an offer by Sidhu, who was selling a "computer program," but learned that they had different understandings of what program was meant. The court cannot say that one interpretation is better than the other.
E) Mary contracted to buy "the Acura car" from a collector of cars. He was selling his 2011 model but she thought she was buying the 2012 model. The court, looking at all the evidence, found that his interpretation was the more reasonable.

A proceeding in which an administrative law judge hears and decides issues that arise when an agency charges a person or a firm with an agency violation is

A) adjudication.
B) declaration.
C) rulemaking.
D) investigation.