The sampling distribution used when making inferences about a single population's variance is

a. an F distribution
b. a t distribution
c. a chi-square distribution
d. a normal distribution


C

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To simplify, clarify, and modernize the law governing commercial transactions, the UCC permits the use of "open terms" in sales contracts. In the use of "open terms," which of the following is true?

a. The court will use market value and other comparable sales to determine what a reasonable price would have been at the time of delivery if the parties have not settled the price in the contract. b. If time of payment is not mentioned in the contract, payment within a commercially reasonable time is presumed. c. If the contract permits the buyer or seller to determine the price during contract performance, the UCC requires the party to do so in good faith. d. All of the above are true.

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An agent is personally liable for his tortious acts that injure third persons only when such acts are not authorized by the principal and the principal cannot be held liable for them

Indicate whether the statement is true or false

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Magnetic disks can be ____ platters (hard disks) or Mylar plastic film (floppy disks).

A. thick steel B. thin steel C. thick copper D. thin copper

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If the exchange rate for the Australian dollar is 1.10681 per U.S. dollar, compute the value in U.S. dollars of 5,00 . Australian dollars

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