Near the end of the current year, a company required a customer to pay $200,000 as a deposit for work that is to begin in the following year. At the end of the current year the company reported the $200,000 as a liability on its balance sheet. Which accounting principle/guideline […]

Which of the following statements is correct concerning the “reasonable person” standard in tort law? a. The reasonable person standard varies from person to person. b. The reasonable person standard focuses on the defendant’s subjective mental state rather than on the defendant’s behavior. c. A person with a physical disability […]

A retailer wishes to report its merchandise inventory on its balance sheet at its retail value. This would violate which accounting principle/guideline?

Discuss the contribution of SHRM in an organisation.

What are the three different approaches of change management. Discuss

Robert makes the following statement while negotiating the sale of his car, “This is the sharpest car on the market.” His statement may support a claim for:

Discuss the role of HR department in evaluating human resources effectiveness.

Paula rented an apartment to Dave for $500 per month. Paula and Dave signed a one-year lease, to be effective beginning January 1st. After three months, Dave decided that he did not like the apartment. He gave Paula a 30-day written notice, stating that he would vacate the rental unit […]

Tom and Jerry entered into a contract whereby Tom agreed to sell Jerry $1,000 worth of heroin, an illegal substance. This is an example of a: a. quasi contract. b. void contract. c. voidable contract. d. secondary party beneficiary contract.