In General Electric Business Financial Services v. Silverman, where Silverman and his partners guaranteed a loan made to a partnership that defaulted on the loan, the court held that the partners were not liable on the guarantee because of fraud in the transaction
a. True
b. False
Indicate whether the statement is true or false
False
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How much did you borrow if your annual payments are $5,000 for the next seven years and the interest rate is 9%?
A) $25,164.76 B) $36,002.17 C) $19,140.20 D) $27,797.84
In the stakeholder capitalism model (SCM) the assumption of market efficiency is absolutely critical
Indicate whether the statement is true or false.
In a goodness-of-fit chi-square test, if the null hypothesis states "The sample was drawn from a population that follows the normal distribution" and the test has 7 categories that are mutually exclusive and exhaustive, the number of degrees of freedom will be
a. 4 b. 5 c. 6 d. 7 e. 8
It is crucial that the variance (measured in min2) of a production process be less than or equal to 25 . A sample of 22 is taken. The sample variance equaled 26
a. Construct a 90% confidence interval for the population variance. b. Construct a 90% confidence interval for the population standard deviation. c. State the null and alternative hypotheses to be tested. d. Compute the test statistic. e. The null hypothesis is to be tested at the 10% level of significance. Using the critical value approach, state the decision rule for the test. f. What do you conclude about the population variance?