Answer: True
Explanation:
An exculpatory clause is a form of contract provision which relieves one party of liability when damages are caused while executing the contract. The party which ssues the exculpatory clause is the one that is seeking to be relieved of any potential liability incurred.
There has already been a notice that "the garage is not responsible for any item stolen from the car". Roger parking his car at the garage is at his own risk as the garage owners won't be responsible.
Answer:
3. Correctly ignored a sunk cost
Explanation:
Sunk costs refer to those costs which have been incurred in the past, which are non recoverable and which have no current or future benefits.
Sunk costs are considered as irrelevant for decision making process as they do not relate to current period and have no future implications. For example, research and development expenditure incurred in the past represents a sunk cost.
In the given case, the ticket for opera was already purchased for $100 which can now neither be recovered nor transferred. Thus this cost is irrelevant for decision making as expenditure has already been made. When Shen decided to go for a party instead of the concert, Shen has correctly ignored a sunk cost.
The kind of startup that her store is considered to be is a new market idea. New market ideas are techniques or ideas that are employed or thought of as a way of strategizing and a way of improving one's business or store. In which Consuela engages to as she decided to have a new idea for a way of improving her store and for the sake of her customers.
Answer:
C. Using software that helps with tracking progress.
Explanation:
As the employees at NeiFra Infosystems Inc. have been struggling to provide quality services to clients. An investigation reveals that employees feel dissatisfied and fatigued due to the challenging nature of their jobs. Ellen, the HR manager, suggests simplifying jobs in order to reduce errors and increase accuracy. Using software that helps with tracking progress can simplify the mental demands of employees' jobs. With the help of software, they can not only easily make the patterns but also can easily identify the main problems in a more effective and efficient way. Software can help NeiFra Infosystems Inc. in getting knowledge about the reasons of the employee's dissatisfaction in a more quick and fast way, which if they do it manually can take lot of time and unnecessary efforts.
