JD discusses some challenges to the utilitarian defense of the economic model. In response to those concerns, defenders of the economic model (and market approach) argue that ____ is an adequate remedy to those problems.

a. the law
b. popular opinion
c. international criticism
d. a strong executive branch
e. the media

Ans: a. the law

Business

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The behavioral approach to management emphasizes

a. developing systems for dealing with personnel problems. b. the interaction of the firm with the environment. c. finding the most efficient systems of production. d. understanding people.

Business

Carter bought 10 acres of vacant land for $20,000 per acre, making a cash down payment of $20,000, and executing a straight note and a blanket deed of trust for the balance. As a part of the note, the lender agreed that when Carter made an additional payment of $20,000 on the principal, the trustee would issue a partial reconveyance for one acre. Carter has paid a total of $40,000 on the note and now owns two acres free and clear. The percentage of his equity in the encumbered property:

A: Has been eliminated; B: Remains the same; C: Has increased; D: Has decreased.

Business