The transportation method of production planning is a special case of:
A) linear programming.
B) integer programming.
C) queuing theory.
D) goal programming.
A
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Jim agreed to show Donna's car to a potential buyer. Donna was not able to be home since she had to attend a meeting. After showing the car, Jim left the keys in it and the car was stolen. Which statement is correct?
a. Since Jim is a gratuitous agent, he will only be liable for the loss of the car if his conduct constitutes gross negligence. b. Since Jim is a gratuitous agent, he will be liable for the loss of the car if his conduct constitutes ordinary negligence. c. Since Jim is a gratuitous agent, he has no liability for the car. d. Since Jim is a gratuitous agent, he is strictly liable for the loss of the car.
A firm can vary supply of product by controlling production capacity and inventory
Indicate whether the statement is true or false.
A good defense against a holder in due course is
a. payment at or before maturity. b. material alteration. c. slight duress. d. lack of delivery.