The statement, "William's legal rights will be affected by the parol evidence rule," could mean that
a. too much time passed between the time the legal right came into existence and the time William sued.
b. a written contract exists and its terms conflict with oral statements made by the dealer or sales person before the contract was signed.
c. William did not notify a manufacturer of a defective product before he filed his lawsuit.
d. state law provides that a volunteer who assists another in peril is not liable in tort unless he or she was grossly negligent.
b
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Horshack Mining Company purchases a gravel pit for $5,000,000. It estimates that 10,000,000 tons of gravel can be extracted over the pit's useful life. If 1,860,000 tons are extracted and sold during the first year, the entry to record depletion expense will include
A) debit to Depletion Expense, 930,000; credit to Accumulated Depletion, 930,000. B) debit to Depletion Expense, 232,500; credit to Accumulated Depletion, 232,500. C) debit to Accumulated Depletion, 930,000; credit to Depletion Expense, 930,000. D) debit to Depletion Expense, 465,000; credit to Accumulated Depletion, 465,000.
Traits such as the ability to work in teams, a positive attitude, and creativity in coming up with new ideas are easy to measure
Indicate whether the statement is true or false
Julie's Diamond Boutique is very concerned with its order policies related to one-carat diamond solitaires. Their current policy is to order 10 diamonds whenever their inventory reaches 6 diamonds (unless there is already an ordered delivery due)
Currently there are 8 diamonds on hand. Orders are placed at the end of the month and take one month to arrive (e.g., if an order is placed at the end of month 1, it will be available at the beginning of month 3). The following distribution of monthly sales has been developed using historical sales. If Julie's Diamond Boutique does not have a diamond on hand, it will result in a lost sale. Use the following random numbers to determine the number of lost sales of one-carat solitaires at the store over 12 months. Monthly sales Probability 3 .20 4 .30 5 .20 6 .20 7 .10 Random numbers for sales: 10, 24, 03, 32, 23, 59, 95, 34, 34, 51, 08, 48
The number of combinations of size k from a particular set is ________ the number of permutations of size k
a. equal to b. the same as c. smaller than d. larger than