Jack promises to buy Kelly's computer for $400. Jack is

A. an executor.
B. an offeree.
C. a promisee.
D. a promisor.


Answer: D

Business

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Under the original Federal Trade Commission Act of 1914, the FTC

A. could not enforce antitrust laws or protect major competitors from one another. B. was given the power to issue cease-and-desist orders against firms engaging in deceptive practices. C. could not prohibit false advertising unless there was evidence of injury to a competitor. D. was given the power to pursue corrective advertising remedies to deceptive practices. E. was given the power to regulate all false and deceptive advertising practices that might injure competition or mislead consumers.

Business

Boylan Company manufactures two products—toaster ovens and bread machines

The following data are available: Toaster Ovens Bread Machines Sales price $60 $150 Variable costs $30 $50 Boylan can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Boylan's production capacity is 1,800 machine hours per month. Marketing limitations indicate that Boylan can sell a maximum of 5,100 toasters and 4,100 bread machines per month. Which product and how many units should the company produce in a month to maximize profits? (Round machine hour per unit to two decimal places and your final answer to the nearest whole dollar.) A) 7,200 bread machines B) 4,650 toaster ovens and 4,100 bread machines C) 5,400 toaster ovens and 3,600 bread machines D) 10,800 toaster ovens

Business

Most federal agency issues have short maturities and offer slightly higher yields than U.S. Treasury issues having similar maturities

Indicate whether the statement is true or false

Business

In an unsupervised data mining technique, analysts do not create a model or hypothesis before running the analysis

Indicate whether the statement is true or false

Business