Ralph Is a Professional Football Player

question 15

Multiple Choice

Ralph is a professional football player.He signs a valid contract with the Jets.Later,the Giants offer him more money,so he signs a contract with them.If the Jets sue Ralph,what would the most likely result be?

• A)The court will order Ralph to play with the Jets.
• B)The court will order Ralph to play with the Jets,but Ralph is entitled to be paid the amount he negotiated under the Giants contract.
• C)The court will issue a preliminary injunction barring Ralph from playing with any team other than the Jets during the course of the lawsuit.
• D)The court will order Ralph to pay compensatory damages in the amount of the difference between the two contracts.

Comprehend the principles of the "you" attitude and its effectiveness in communication.

Understand the concept of euphemisms and their impact on message clarity and perception.

Grasp the importance of credibility in communication and how it is established.

Realize the potential biases in language and the importance of avoiding them.

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Definitions:

Strike Price

The fixed price at which an options contract may be purchased or sold upon its exercise.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Future Value

The amount of money an investment is expected to grow to over a period of time, assuming a particular interest or growth rate.

Volatility

Refers to the degree of variation of a trading price series over time as measured by the standard deviation of returns.