Any time that we have an isoprofit line that is parallel to a constraint, we have the possibility of multiple solutions

Indicate whether the statement is true or false


TRUE

Business

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Which statement concerning notes receivable is false?

A) Notes receivable initially should be recorded at the present value of the future cash receipts. B) All notes implicitly include interest. C) The account Discount on Notes Receivable is a contra-revenue account .. D) The account Notes Receivable Dishonored is an asset account.

Business

One advantage of a limited partnership?in comparison to a general partnership?is that you cannot lose more than you invest

Indicate whether the statement is true or false

Business

Markov analysis is not a probabilistic technique

Indicate whether this statement is true or false.

Business

In January 2014, Professor Noe entered into a contract with State University. She agreed to teach full time during the 2014-2015 academic year. Professor Noe died on May 31, 2014. Her estate A)is obligated to find another person who will agree to teach during the academic year

B)is discharged from any further obligations under the contract. C)will be discharged from any obligations under the contract only if it can be shown that her death was unexpected. D)will not be discharged. If the University has to pay more in order to hire a comparable substitute professor at the last minute, then the estate will be responsible for the difference in pay.

Business