A promise lacks consideration if a person promises to perform an act or do something he is already under an obligation to do. this is called

How much will a $1 deposit be worth after 36 years if the interest rate paid by the bank is 8%?

If competition places discipline on costs, motivating firms to innovate and find more cost-effective ways to produce, which of the following would then explain why in some markets a single firm without competitors will produce at a lower cost than

Management science theory is really an extension of whose theory of management that relied on measuring worker tasks to improve efficiency?

Why do you think people steal from their employers? do you think that taking home small, inexpensive items from an employer is acceptable? why or why not?

Consider the following information: Portfolio Expected Return Beta Risk-free 6 % 0 Market 10.2 1.0 A 8.2 1.4 a. Calculate the return predicted by CAPM for a portfolio with a beta of 1.4. (Round your answer to 2 decimal places.) b.

April Stigum will receive a 6 year annuity of $2,000 per year, beginning 7 years from today. In other words, the first payment will be made at the end of year 7.

What is the one trait that you have that you believe would be an asset to any employer?

Delta Technologies, Inc., operates in a perfectly competitive market and has experienced economies of scale because of advanced technologies that have allowed it to make production more efficient. Delta Technologies, Inc.

Institutions specialize in raising money for governments and corporations by issuing securities.

When heavy rain ruined the banana crop in central america, the price of bananas rose from $1.00 a pound to $2.00 a pound. growers sold fewer bananas, but their total revenue remained unchanged.