Product liability suits may be based on

a. breach of warranty.
b. negligence.
c. strict liability.
d. all of these.


D

Business

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The payback period is based on a net present value of cash flows

Indicate whether the statement is true or false

Business

Which statement about primary and secondary data collection is correct?

A) It is important to start your data collection by designing primary data-collection instruments. B) Most reports do not include secondary data. C) Studying secondary data can provide the researcher with sources for additional information. D) After collecting primary data, you will discover ways of collecting secondary research. E) Rediscovering existing information is preferable to spending time collecting secondary data.

Business

Which of the following is correct in terms of granularity?

A. Refers to the level of detail in the model B. The greater the granularity the deeper the level of fineness of the data C. The greater the granularity the deeper the level of detail of the data D. All of these

Business

Florence borrows $1,500 from Fremont, leaving her gold necklace with Fremont as collateral. Two weeks earlier, Florence had borrowed $1,000 from Corner Bank. Florence signed a security agreement and a financing statement giving Corner Bank a security interest in the same gold necklace. The financing statement is filed in the appropriate location. If Florence defaults on both loans, which creditor

has the superior rights to the necklace? a. Fremont, because his loan was the first to attach. b. Fremont, because possession takes priority over filing. c. Corner Bank, because Fremont did not perfect his interest. d. Corner Bank, because Fremont did not have a written security agreement.

Business