The ________ states that a merchant who offers to buy, sell, or lease goods and gives a written and signed assurance on a separate form that the offer will be held open cannot revoke the offer for the time stated or, if no time is stated, for a
reasonable time.
A) gap-filling rule
B) firm offer rule
C) mirror image rule
D) open term rule
B
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The ______________________________ describes each work center available for producing products, including information such as the machine available at the station, its capacity, its maintenance requirements, labor needs to operate it, and so on
Fill in the blank(s) with correct word
The concept of independence in context of reliability implies the working or failing of one component ______.
A. does not affect the probability of working or failing of any other component B. affects the probability of working or failing of the successive component C. affects the probability of working or failing of all components in sequence D. does not affect the probability of working or failing of only the preceding component
Belkin Co. provides medical care and insurance benefits to its retirees. In the current year, Belkin agrees to contribute 5% of the employees' $250,000 gross salaries to a retirement program. What is the amount of employee benefits expense for the current period?
A. $100 B. $25 C. $250 D. $25,000 E. $12,500
State law provides that existing shareholders may buy new issues of stock in the same
proportion as their current holdings. This is done to allow the current stockholders to keep the same voting and dividend rights they had before the new issue. This right is known as a right of: A) Ratification. B) Preemption. C) Buy-sell. D) First refusal. E) Redemption.