A firm deciding to hire a secretary, bases its decision on how well the candidate is trained on certain software. this practice addresses:

a. adverse selection

b. moral hazard

c. forced bankruptcy

d. none of the above

You are implementing a new server that will connect 10 client computers to the Internet to access a company application. None of these clients has anti-virus software installed.

Following are selected accounts for Staples, Inc., for the fiscal year ended January 30, 2016 (a) Indicate whether each account appears on the balance sheet (B) or income statement (I). Staples, Inc.

Manuel and Poornima are building their portfolios. Manuel purchases shares in a mutual fund and pays fees to a manager who actively manages the mutual fund's portfolio.

2. You are a shareholder in an S corporation. The corporation earns $2.07 per share before taxes. As a pass through entity, you will receive $2.07 for each share that you own. Your marginal tax rate is 20%.

Acme Furniture Manufacturers has just purchased a large supply of exotic lumber that is ready for use in their new line of furniture. This purchase BEST represents which of the factors of production?

The world is often described as having a global economy. How important is international trade to the United States?

Buyer of a good bear the larger share of the tax burden when a tax is placed on a product for whicha. the supply is more elastic than the demand. b. the demand in more elastic than the supply. c. the tax is placed on the sellers of the product. d.

Why is it important to distinguish between unilateral and mutual mistakes?

Fixed expenses: a. includes labor, raw materials, and commissions. b. can be estimated by taking into consideration the production. c. are incurred regardless of sales volume. d. must be linked to strategy in the business plan

True or false: to promote stability in commodity markets, international commodity agreements have relied on production and export controls, buffer stocks, and multilateral contracts.