Mergers between firms ________ are known as conglomerate mergers.

A. which are competitors
B. in similar industries
C. which are upstream/downstream from each other in a supply chain
D. in unrelated businesses


Answer: D

Business

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After the analysis team studies and documents the current physical system they should next:

a. study and document the current logical system b. define user requirements for the new/modified system c. design alternative future physical systems d. determine the cost of the new/modified system

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Given equal circumstances, which inventory method probably would be the most time consuming?

a. Specific identification b. FIFO c. Average-cost d. LIFO

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Res ipsa loquitor is a tort in which the violation of a statute or an ordinance constitutes the breach of the duty of care

Indicate whether the statement is true or false

Business

Jeremy is in terrible pain with an infected tooth. He rushes to his dentist, throws himself into the chair, opens his mouth and points to the problem area. The dentist starts drilling. What we have here is:

a. an implied contract b. an express contract c. offer but no acceptance, so no contract d. a tort e. a breach of contract

Business