In a contest or sweepstakes, extrinsic value is determined by the value of the prize to the consumer

Indicate whether the statement is true or false


TRUE

Business

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Morefield Custom Design sends 30 recliners by rail to Danville Furniture. To show where the goods will be shipped and who gets them when they arrive, Morefield will obtain ____, which can be used as collateral in a secured transaction

a. a warehouse receipt b. a bill of lading c. chattel paper d. a deposit account

Business

Ruth, a minor, charges groceries at Sam's Mini-Mart. Two days later, Ruth disaffirms the purchase. Ruth owes Sam's

A. the reasonable value of the groceries. B. the retail value of the groceries. C. the wholesale value of the groceries. D. nothing.

Business

In qualitative research ‘dependability’ is an alternative for judging which of the following in quantitative research?

a) Internal validity b) External validity c) Reliability d) Objectivity

Business

The practice of concluding "do not reject H0" is preferred over "accept H0" when we _____

a. are conducting a one-tailed test b. are testing the validity of a claim c. have an insufficient sample size d. have not controlled for the Type II error

Business