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According to the theory of _______, the traditions of your society, your personal opinions, and the circumstances of the present moment define your ethical principles.

A new piece of equipment is being justified.  The first cost is $68 K.  The expected life is 8 years with the salvage value estimated at  $4000.  In year 8, the cash flow indicates savings plus operating expenses is equal to  $18,000 and the book value for the asset is 0. If the effective tax rate is 30%, what is the after tax cash flow in year 8?

Workers in right-to-work states, who work at a unionized facility, must pay union dues.

The _____ is a disclosure law which makes it illegal to use mails or any other means of interstate communication or transportation to sell securities without disclosing certain financial information to potential investors.

The Colgate Doctrine allows:

Contracts to purchase land valued at $100,000 must be in writing to be enforceable.

The president of Pepsi-Cola Bottling Co. agreed with a Coca-Cola bottler to stop discounts to retailers, which earned him a jail sentence. What was his crime?

Bill and Ted enter into an oral contract. The contract was required to be in writing according to the Statute of Frauds. If a dispute occurs and the dispute is brought to court, the court will consider the contract:

A unilateral contract is an agreement with two promises, and only one party is committed to perform.

An _______ is a value that is a good thing in itself and is pursued for its own sake.