Sales of luxury goods such as perfumes, colognes, and aftershaves depend heavily upon their initial response by the consumer. A well-designed package can create convenience and promotional value. It has been called the "silent salesman
" Which of the three levels of packaging is this "silent salesman"?
A) retailer
B) consumer
C) shipping
D) secondary
E) primary
E
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A computer diskette manufacturer is concerned that some diskettes have bad sectors that would cause a diskette to hold less information than it was intended to hold. In the past, only 5% of these diskettes have had bad sectors
If the company wishes to set 95.5% control limits based on samples of size 500, what would these limits be?
NationPoints Trucking, Inc, has a requirements contract with Oil & Gas Corporation that obligates Oil & Gas to supply NationPoints with all the gasoline it needs for its vehicles for one year at $2.30 per gallon. A clause inserted in small print in the
contract by NationPoints, and not noticed by Oil & Gas, states, "The buyer reserves the right to reject any shipment for any reason without liability." For six months, NationPoints orders and Oil & Gas delivers under the contract without any controversy. Then, because of a war in the Middle East, the price of gasoline to Oil & Gas increases substantially. Oil & Gas tells NationPoints it cannot possibly fulfill their contract unless NationPoints agrees to pay $2.50 per gallon. NationPoints, in need of the gasoline, agrees in writing to modify the contract. Later that month, NationPoints learns it can buy gasoline at $2.40 per gallon from Purified Fuel Company. NationPoints refuses delivery of its most recent order from Oil & Gas, claiming, first that the contract allows it to do so without liability, and second, that it is required to pay only $2.30 per gallon if it accepts the delivery. Discuss NationPoints's contentions.
Reba is a state court judge. In her court, legal and equitable remedies have merged.In these circumstances, distinguishing between these types of remedies is
A) notimportant because legal remedies cannot be granted today. B) not important because equitable remedies cannot be granted today. C) importantso that statistical data on the remedies can be compiled. D) important so that the proper remedy can be requested.
The desired effect of EFTS is to:
A) avoid the delay between issuance of a check and receiving the canceled check. B) eliminate errors. C) ease the mobility of society. D) both avoid the delay between issuance of a check and final payment, and also to eliminate paperwork.