Mary is a new employee in the handbag department of a major department store. She is not entirely sure whether

Stressors are

a. demands to perform interactions and internal calculations that exceed the supply or capacity of time available for processing.

b. states of consciousness in which a person is totally absorbed in an activity.

c. events on the job which cause different people to feel different emotions.

d. events or contexts that cause a stress reaction by elevating levels of adrenaline and forcing a physical or mental response.

(d) Easy/Knowledge

52. Which of the following statements about stressors is INCORRECT?

a. An American Psychological Association survey suggests that money, work, and housing are at the top of stressful issues.

b. No matter how they are categorized, stressors are always bad for individuals.

c. Stressors cause stress by elevating adrenaline levels and forcing a response.

d. Stress is a cumulative process.

(b) Medium/Comprehension

53. Role ambiguity is

a. vagueness in relation to job responsibilities.

b. insufficient time and resources to complete a job.

c. contradictory demands at work.

d. processing demands that exceed the supply of time for such processing.

(a) Easy/Knowledge

54. Facing contradictory demands at work is a form of

a. role ambiguity.

b. role conflict.

c. role overload.

d. information overload.

(b) Easy/Knowledge

55. Role overload is

a. inability to reconcile the demands of one’s work and home life.

b. facing contradictory demands at work.

c. having insufficient time and resources to complete a job.

d. vagueness in relation to what job responsibilities are.

(c) Easy/Knowledge

56. Information processing demands that exceed the supply or capacity of time available for such processing is

a. role conflict.

b. role ambiguity.

c. role overload.

d. information overload.

(d)        Medium/Application

57. Mary is a new employee in the handbag department of a major department store.  She is not entirely sure whether she is to simply stay on the sales floor and sell purses to customers, or if she is to sell the items and then go back into the stockroom to replenish them. Mary is experiencing

a. information overload.

b. role ambiguity.

c. role overload.

d. role conflict.

(b) Medium/Application

58. Rodney is experiencing a real dilemma. His boss just called him and told him that he had to attend a dinner meeting Wednesday night with some important out-of-town clients. Rodney’s daughter just called and told him she will be dancing a solo at her dance recital on Wednesday evening. Rodney is experiencing

a. role conflict.

b. role overload.

c. information overload.

d. role ambiguity.

(a) Medium/Application

59. Joe was diagnosed with cancer six months ago. He is back at work between chemotherapy treatments but is unable to work more than four hours per day.  Diego has been covering all Joe’s assignments that extend beyond Joe’s four-hour day as well as covering the regular tasks of his own eight-hour shift. Diego is likely experiencing

a. role ambiguity.

b. role overload.

c. role conflict.

d. information overload.

(b) Medium/Application

Mary has a pet shop and orders 50 packages of dog food for puppies from a supplier for a total cost of $1,000.

Mary has a pet shop and orders 50 packages of dog food for puppies from a supplier for a total cost of $1,000. Later she calls the supplier and changes the order to food for adult dogs. When 50 packages of puppy food arrive, Mary complains. The supplier tells her that the modification was not valid because nothing was put in writing. Mary says there was never an agreement that a writing was necessary for a modification. Which of the following is the correct resolution of the dispute? 
A. The supplier is correct because modification of orders of over $200 must be in writing.
B. The supplier is correct because modification of orders of over $500 must be in writing.
C. The supplier is correct because modification of orders of over $600 must be in writing.
D. The supplier is correct because modification of orders of over $800 must be in writing.
E. Mary is correct because under the circumstances, there was no requirement of a writing to modify the agreement.

A _____ contract is an agreement whereby the buyer agrees to purchase all goods from one seller. 
A. Supply
B. Use
C. Requirement
D. Output
E. Arranged

A/an _____ contract is an agreement whereby the seller guarantees to sell everything he or she produces to one buyer. 
A. Supply
B. Use
C. Requirement
D. Output
E. Arranged

Which of the following is true of a requirement contract under common law? 
A. It is valid so long as there is a writing setting forth the terms signed by the offeror.
B. It is valid so long as there is a writing setting forth the terms signed by the offeree.
C. It is valid so long as there is a writing setting forth the terms signed by the offeror and the offeree.
D. It is valid so long as more than nominal consideration is provided.
E. It is not valid because of the lack of consideration.

Which of the following is true of an output contract under common law? 
A. It is valid so long as there is a writing setting forth the terms signed by the offeror.
B. It is valid so long as there is a writing setting forth the terms signed by the offeree.
C. It is valid so long as there is a writing setting forth the terms signed by the offeror and the offeree.
D. It is valid so long as more than nominal consideration is provided.
E. It is not valid because of the lack of consideration.

Which of the following is true of a requirement contract under the UCC? 
A. It is valid so long as the requirement is made in good faith.
B. It is valid so long as there is a writing setting forth the terms signed by the offeree.
C. It is valid so long as there is a writing setting forth the terms signed by the offeror and the offeree.
D. It is valid so long as more than nominal consideration is provided.
E. It is not valid because of the lack of consideration.

Which of the following is true of an output contract under the UCC? 
A. It is valid so long as the output is made in good faith.
B. It is valid so long as there is a writing setting forth the terms signed by the offeree.
C. It is valid so long as there is a writing setting forth the terms signed by the offeror and the offeree.
D. It is valid so long as more than nominal consideration is provided.
E. It is not valid because of the lack of consideration.

Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal payment at maturity

1.	Mary just purchased a bond which pays $60 a year in interest. What is this $60 called?    A.  coupon B.  face value C.  discount D.  call premium E.  yield Refer to section 7.1

2.	Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal payment at maturity. What is the $1,000 called?    A.  coupon B.  face value C.  discount D.  yield E.  dirty price Refer to section 7.1

3.	A bond's coupon rate is equal to the annual interest divided by which one of the following?    A.  call price B.  current price C.  face value D.  clean price E.  dirty price Refer to section 7.1

4.	The specified date on which the principal amount of a bond is payable is referred to as which one of the following?    A.  coupon date B.  yield date C.  maturity D.  dirty date E.  clean date Refer to section 7.1

Al is retired and enjoys his daily life. His one concern is that his bonds provide a steady stream of income that will continue to allow him

66.

"Cat" bonds are primarily designed to help:    A.  municipalities survive economic recessions. B.  corporations respond to overseas competition. C.  the federal government cope with huge deficits. D.  corporations recover from involuntary reorganizations. E.  insurance companies fund excessive claims. Refer to section 7.4

67.

Mary is a retired widow who is financially dependent upon the interest income produced by her bond portfolio. Which one of the following bonds is the least suitable for her to own?    A.  6-year, putable, high coupon bond B.  5-year TIPS C.  10-year AAA coupon bond D.  5-year floating rate bond E.  7- year income bond Refer to section 7.4

68.

Al is retired and enjoys his daily life. His one concern is that his bonds provide a steady stream of income that will continue to allow him to have the money he desires to continue his active lifestyle without lowering his present standard of living. Although he has sufficient principal to live on, he only wants to spend the interest income provided by his holdings and thus is concerned about the purchasing power of that income. Which one of the following bonds should best ease Al's concerns?    A.  6-year, putable, high coupon bond B.  5-year TIPS C.  10-year AAA coupon bond D.  5-year municipal bond E.  7- year income bond Refer to section 7.4

123.