CASE 5.1, Meinhard v. Salmon (1928), involved the question of respondeat superior

Using the information in Case I.1, how much time will it take to produce the units in month 1?

A) fewer than 800 hours B) greater than or equal to 800 hours but fewer than 1,100 hours C) greater than or equal to 1100 hours but fewer than 1,500 hours D) greater than 1,500 hours

All of the following are true of overconfident CEOs EXCEPT

A) overconfident CEOs tend to charge ahead with mergers and acquisitions even though they are aware that most acquisitions destroy shareholder value. B) overconfident CEOs view their company as undervalued by outside investors. C) overconfident CEOs are more likely to do deals that diversify their firm's lines of businesses. D) the overconfidence of CEOs may lead to hubris. E) overconfident CEOs were less likely to make an acquisition when they could avoid selling new stock to finance them.