Transmission Control Protocol (TCP) is a connection-oriented protocol
Indicate whether the statement is true or false
TRUE
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Vela Enterprises Inc would like to prepare a summary cash budget for March. The following information is available: · The cash balance at March 1 was estimated to be $3,000. · March sales, all on account, were estimated to be $50,000. Sales are collected over a two-month period with 65 percent collected in the month of sale and the remainder in the subsequent month. February sales on account
were $60,000. · Inventory purchases are expected to be $20,000 in March. The company pays for one-half of inventory purchases in the month of purchase and the remainder in the subsequent month. February's purchases were $18,000. · Cash disbursements for selling and administrative expenses are expected to be $4,000 in March. · Depreciation expense for March is expected to be $5,000. · Loan and interest payments for March are expected to be $25,000. What is the cash balance at the end of March expected to be? A) $ 8,500 B) $ (3,500) C) $ 3,500 D) $26,500
With a partnership, profit and losses are reported on?
a. A 1040E schedule b. A Schedule K-1 c. An S-schedule d. Profit and losses are not reported
Brooklyn and Doug make a contract for Brooklyn to manufacture five leather sofas of a specified design. Prior to their manufacture, the factory is destroyed in an accidental fire that is no one's fault. The sofas are available from other sources. Brooklyn:
A) must supply the sofas, even if she must buy them elsewhere. B) is discharged from her duty to deliver the sofas by the destruction of the factory. C) has materially breached the contract if she fails to deliver the sofas. D) must return any money paid by Doug.
A college professor copies seven chapters from a book called "How to Get Better Grades-A Creative Approach to College Success!" There are ten chapters in the book. She incorporates this material into a packet that is printed in her college's copy center. The packet is then placed on the required materials list for students to purchase and is sold in the local book store. The author of the book believes the professor has violated his copyright.
A. The author is right. The professor should not have copied the chapters and placed them for sale in the bookstore. B. The author is technically correct. However, even though an infringement occurred, he cannot sue the professor since educational personnel are exempt from liability under copyright law. C. The author is not correct. Under the "fair use doctrine," a college professor can copy material and distribute it to students for educational purposes. D. The author is not correct. It does not appear that the professor actually made any money from the alleged copyright infringement.