Office manager Carlos is introducing his department members to a visiting executive from the home office. Carlos says to the executive, "I would like you to meet the members of my outstanding team." Carlos commits a microinequity when he

A) introduces the team in alphabetical order, and Ziggy Zigfried is introduced last.
B) introduces the team in reverse alphabetical order, and Alice Adams is introduced last.
C) neglects to introduce Megan, one of the team members.
D) asks the team members to introduce themselves to the executive.

Answer: C

Business

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A offers to B to sell him a parcel of land for $5,000, stating that the offer will remain open for thirty days. B replies, "I will pay $4,800 for the parcel," and on A's declining that, B writes, within the thirty day period, "I accept your offer to sell for $5,000." ?"I will pay $4,800 for the parcel," is: A)?A counteroffer

B)?An acceptance. C)?Not a rejection. D)?Both a and c

Business

Which of the following is not a reason for firms to own marketable securities?

A) Marketable securities serve as a substitute for cash balances. B) Marketable securities offer a place to temporarily put cash balance to work earning a positive return. C) Marketable securities are used as a temporary investment to finance seasonal or cyclical operations. D) Marketable securities are used as a temporary investment to amass funds to meet financial requirements in the near future. E) Marketable securities are more liquid than cash balances.

Business