The structure that creates dual lines of authority and combines functional and product departmentalization is the:

Fran Martin obtains a non-recourse mortgage loan for $500,000. One year later, when the outstanding balance of the mortgage is $490,000, Martin cannot make his mortgage payments and defaults on the loan. The lender forecloses on the loan and sells the house for $315,000. What amount is the lender entitled to claim from Martin?

A. $0. B. $175,000. C. $185,000.

The following statements about leadership are all true EXCEPT:

a. The traits or behaviors that may contribute to a manager's being an effective leader in one situation might result in the same manager being ineffective leader in another situation. b. Trait models of leadership focus on consideration and initiating structure. c. An effective army general may not be an effective university president. d. Given the wide variety of situations in which leadership occurs, what makes a manager an effective leader in one situation is not necessarily what that manager needs to be equally effective in a different situation. e. Contingency models of leadership take into account the situation, i.e., the context within which leadership occurs