The law of conveyancing firmly establishes that a contract for the sale of land carries an implied seller's obligation to transfer marketable title

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The random variable x is the number of occurrences of an event over an interval of ten minutes. It can be assumed that the probability of an occurrence is the same in any two-time periods of an equal length. It is known that the mean number of occurrences in ten minutes is 5.3. Which of the following discrete probability distributions' properties are satisfied by random variable x?  

A. Normal B. Poisson C. Binomial D. Hypergeometric

Business

A just-in-time operating environment requires maintenance of large material and finished goods inventories in order to meet customer demand for products

Indicate whether the statement is true or false

Business

Researchers carefully design experiments with independent and dependent variables to test predicted relationships among those variables

Indicate whether the statement is true or false

Business

Which of the following is defined as nonpersonal communication paid for by an identified sponsor using mass media to persuade or inform an audience?

A) public relations B) direct marketing C) direct selling D) advertising E) sales promotion

Business