Which of the following statements is true of U.S. unions as compared to unions in most other countries?
A) U.S. unions tend to pursue political goals.
B) The government is closely involved in labor-management relations.
C) U.S. unions tend to be organized by the type of job.
D) In all countries, the labor relations system stresses competition rather than cooperation.
C
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Information pertaining to Yekstop Corp.'s sales revenue is presented below:
-------------November December January Cash sales: $96,000$125,000 $78,000 Credit sales: 288,000 450,000 234,000 Total sales: $384,000 $575,000 $312,000 Management estimates that 4% of credit sales are eventually uncollectible. Of the collectible credit sales, 65% are likely to be collected in the month of sale and the remainder in the month following the month of sale. The company desires to begin each month with an inventory equal to 75% of the sales projected for the month. All purchases of inventory are on open account; 30% will be paid in the month of purchase, and the remainder paid in the month following the month of purchase. Purchase costs are approximately 60% of the selling prices. Budgeted cash payments in December for November inventory purchases by Yekstop Corp. are:
Which of the following statements is true about the Common Sense Legal Reform Act?
A) It sought to limit punitive damages in all tort cases. B) It allowed punitive damages only when the plaintiff could convincingly prove that the harm suffered was caused by actual malice. C) It limited punitive damages to $1 million or five times the economic harm incurred by the plaintiff, whichever was greater. D) It imposed limits on medical malpractice litigation in state and federal courts by capping awards and attorney fees.