CRSs are internal systems shared by member hotels.

Mike, a sales rep for a major computer software company, knows his company does not plan to maintain updates for the software. When selling the software package to customers he implies the company will continue to support the software. Mike could create a ________________ legal problem.

A. Truth-in-lending B. Breach of warranty C. Equal employment opportunity D. Situational ethics E. Tying agreement

Jaycee Auto Repair has the following budgeted costs for the next year:

Time Charges Material Charges Shop employees' wages and benefits $120,000 $- Parts manager's salary and benefits - 45,000 Office employee's salary and benefits 30,000 15,000 Other overhead 15,000 40,000 Invoice cost of parts and materials - 400,000 Total budgeted costs $165,000 $500,000 The labor rate to be used next year assuming 7,500 hours of repair time and a profit margin of $25 per labor hour is a) $22. b) $43. c) $41. d) $47.