Milton Friedman defined a pure free enterprise economy to include all of the following, BUT
A. independent from government interest
B. public ownership of production and distribution
C. maximizing of economic self-interest
D. competition
Sludge Inc, a Wisconsin corporation, has a website in Wisconsin on which it advertises its wares. This website is accessible in every state in the nation. A Colorado company believes that Sludge has infringed on its trademark, which is protected under federal law, and sues Sludge in Colorado. Sludge wishes to challenge the jurisdiction of the Colorado court because the company alleges that it has insufficient contacts with Colorado. What should Sludge do?
a. Make a motion to dismiss for lack of in personam jurisdiction.
b. Make a motion to dismiss for lack of subject matter jurisdiction.
c. Ask for a default judgment.
d. File a reply.
An important implication to be drawn from Chapter 5 is that successful managers are those who are able to attend to all things at once, rather than those who develop a theory or image of the effective manager.
a. True
b. False
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