Kent Weston wrote a check for $500 payable to the order of Chester Jones. Chester indorsed the back of the check as follows: "Chester Jones." The check is now
a. order paper.
b. bearer paper.
c. a cashier's check.
d. special paper.
b
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A product consists of two parts. The reliability of these parts are 0.98 and 0.86. Calculate and indicate product reliability.
a. 84.3% b. 75.2% c. 69.1% d. 73.2%
Under Article 2 of the UCC goods sold by merchants may be covered by a warranty. An example of an express warranty would be a warranty of
a. fitness for a purpose. b. merchantability. c. conformity to the description of the purchased goods. d. conformity to those goods purchased according to usage in the trade.
Miracle Manufacturing uses the units-of-production method of depreciation. A piece of heavy equipment costing $112,500 produces an estimated 2,088,00 . units in its life and has an estimated scrap value of $8,100 . It produced 288,00 . units in the first year. Compute the book value at the end of the first year
_____ is the last step in group problem solving.
a. Deciding on a solution b. Implementing a solution c. Following up on a solution d. Establishing criteria e. Conducting a cost-benefit analysis