Ernest Went to Boston to Negotiate Several New Contracts with Clients

question 96

Multiple Choice

Ernest went to Boston to negotiate several new contracts with clients. His airfare was $400 and he spent $150 per day on lodging, $40 per day on meals, and a total of $60 on cab fare.
I.If Ernest spends 2 days on business and 3 days on personal activities, he can deduct $160 of his airfare.
II.If Ernest spends 3 days on business and 2 days on personal activities, he can deduct $120 of the meal costs.
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• A)Only statement I is correct.
• B)Only statement II is correct.
• C)Both statements are correct.
• D)Neither statement is correct.

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Definitions:

Shared Values

Fundamental beliefs or principles that are held in common by members of a group, organization, or society, fostering unity and cooperation.

Negotiator

An individual who engages in negotiation, aiming to reach agreement or resolve differences.

Trust Level

The degree to which one party is willing to rely on the actions, decisions, and integrity of another party.

Equality Matching

A principle or strategy in social relations where participants ensure that benefits and costs are distributed equally among members.