A written business plan helps to ensure systematic, complete coverage of the important factors to be considered in starting a new business.

Answer the following statement true (T) or false (F)


True

Business

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A continuous probability distribution that is useful in describing the time, or space, between occurrences of an event is a(n) _____ probability distribution.

A. normal B. uniform C. exponential D. Poisson

Business

In auction without reserve, the seller is the offeree.

Answer the following statement true (T) or false (F)

Business

Many companies engage in the practice of ____________________, which is selling goods and services to customers over the Internet.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following is NOT a necessary element in forming a contract?

A) Consideration B) Legality C) Fairness D) Capacity E) Consensus

Business