In a sale or return, a buyer takes goods primarily for resale, with a right to return any goods that fail to sell.
Answer the following statement true (T) or false (F)
True
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Which of the following is true of a unilateral mistake?
A. Only one mistake or ambiguity is present in the subject matter of entire contract. B. Out of several contracts drafted simultaneously between two parties, one has a mistake in its subject matter that does not concern the other contracts. C. Only one party is mistaken about a material fact regarding the subject matter of a contract. D. A single mistake about a material fact in the subject matter of a contract appears several times in the contract.
To prevail under Section 11 of the 1933 Securities Act, a plaintiff must prove
a. the registration statement contained a material misstatement or omission; and the plaintiff lost money. b. the registration statement contained a material misstatement or omission; the auditor acted knowingly or recklessly; and the plaintiff lost money. c. the registration statement contained a material misstatement or omission; the auditor intended to deceive; and the plaintiff lost money. d. only that the registration statement contained a material misstatement or omission.
Early distributions from qualified retirement plans are assessed a 10 percent penalty. However, there are some exceptions to this rule. All of the following distributions are exempt from the penalty tax EXCEPT
A) lump-sum distributions made after age 59.5. B) lump-sum distributions made directly to the employee at any age when he or she changes employers. C) lump-sum distributions made after the death or permanent disability of the employee. D) distributions that are part of a series of substantially equal payments over the worker's life expectancy.
The economics department secretary wants to estimate the average number of bottled drinks sold each day out of the vending machine. Similar vending machine sales have a standard deviation of 9 bottles per day. She wants to be 95-percent confident that the estimate, x, obtained is within 3 bottles of the true mean ?. How large a sample is needed?