The properties of a multinomial experiment include all of the following except
a. the experiment consists of a sequence of n identical trials.
b. three or more outcomes are possible on each trial
c. the probability of each outcome can change from trial to trial.
d. the trials are independent.
c
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All of the following are supplier-driven activities except:
A) receiving B) purchasing C) efficiency D) inspection of incoming components
*Ethical standards usually consist of convenience, personal goals, and company profits
Indicate whether the statement is true or false
Kirk purchases a sailboat on credit from Lakefront Sales, and Lakefront keeps a security interest in the boat. Lakefront then assigns the security interest to First Finance Co Explain what having a security interest means. Under the UCC, what defenses can Kirk assert against First Finance?
The Wurzer Corporation entered into a written contract to hire Dixon in an executive position for six years for $200,000 a year. After three years, Dixon asked for a raise of $25,000 per year. Wurzer at first refused, but then agreed because of the pressure placed on him by Dixon. After the sixth year Dixon left his position with the Corporation and Wurzer sued for a return of the extra $25,000
per year for the three remaining years on Dixon's contract. Who should win the case? a. Dixon, because Wurzer agreed to the raise. b. Dixon, if the raise was agreed to in writing c. Wurzer, even though Wurzer agreed to the raise d. Wurzer, because Dixon had applied pressure to get the raise.