A graphical device for depicting categorical data that have been summarized in a frequency distribution, relative frequency distribution, or percent frequency distribution is a(n) _____
a. histogram
b. stem-and-leaf display
c. ogive
d. bar chart
d
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In Vagias v. Woodmont Properties, Vagias wanted to buy a house in Montville. He told his real estate agent that he wanted to buy in that location because of the school district's reputation. The agent showed him a house in a development called "Woodmont Court at Montville." Vagias asked if the house was within the jurisdictional limits of Montville. The agent and a representative for the builder, neither of whom were familiar with the township boundaries, assured him it was within the city limits. Vagias bought the house but was unable to enroll his son in the school district because the property was outside the city limits. Vagias sued, claiming he paid a premium for the house based on the school district's reputation. The homebuilder argued that the misrepresentations were
unintentional and that Vagias did not suffer a loss in the value of his home. The court held that A. Woodmont was liable because the real estate agent showed Vagias a house that did not meet his requests. B. Woodmont was not liable because the New Jersey Consumer Fraud Act does not apply to real estate. C. Woodmont was not liable because the misrepresentation was not intentional. D. Woodmont was liable because the location of the house was the basis of the bargain and the misrepresentation was affirmative, thus meeting the requirements of the New Jersey Consumer Fraud Act.
For each unit sold , the contribution margin per unit:
A) will increase. B) will decrease. C) will stay the same. D) can not be predicted.
Legally, life insurance agents are not employees of the companies they represent
Indicate whether the statement is true or false
When dealing with weaknesses in a business plan, the entrepreneur should
A. use technical jargon to confuse readers. B. ignore weaknesses as they might not attract investors. C. assume that investors will not find them. D. be straightforward with them and have an action plan.