Alexis de Tocquiville was concerned that, "…the art advances, the artisan recedes." He meant by that statement that

a. The product of the artist often becomes more important than the artist her/himself.
b. As Plato's vision of the division labor is more and more applied, workers will become more weak and more narrow-minded.
c. He was in agreement with Alexander Hamilton's philosophy that manufacturing will furnish a greater scope for the diversity of individual talents, thus discriminating men and women from each other.

b

Business

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A $450,000 house can be purchased with a $90,000 down payment using the principle of

a. borrowed funds. b. leveraging. c. partial financing. d. home equity.

Business

The firm Meek & Co., CPAs, was engaged by Reed, the president of Sulk Corp, to prepare its federal and state tax returns by March 15, Year 2, for the fiscal year ended December 31, Year 1. Meek's engagement and its fee of $20,000 were approved by Sulk's board of directors. Meek did not deliver the returns until April 15, Year 2, because Sulk did not provide Meek with the necessary information to complete the service. Sulk refuses to pay Meek. If Meek sues Sulk, Meek will

A. Prevail based on the contract. B. Prevail based on quasi-contract. C. Lose, because it breached the contract. D. Lose, because the March 15 deadline was a condition precedent to Sulk's performance.

Business