The maker is the primary party on every note
a. True
b. False
Indicate whether the statement is true or false
True
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Compare Porter's three generic strategies.
What will be an ideal response?
Suppose hockey skates sell in Canada for 113 Canadian dollars, and 1 Canadian dollar equals 0.71 U.S. dollar. If purchasing power parity (PPP) holds, what is the price of hockey skates in the United States?
A. $60.17 B. $90.66 C. $82.64 D. $93.07 E. $80.23
For the EOQ model, which of the following relationships is NOT correct?
a. As the order quantity increases, the number of orders placed annually decreases. b. As the order quantity increases, annual holding cost increases. c. As the order quantity increases, annual ordering cost increases. d. As the order quantity increases, average inventory increases.
Rice is a promoter of a corporation to be known as Dex Corp On January 1, 1985, Rice signed a nine- month contract with Roe, a CPA, which provided that Roe would perform certain accounting services for Dex. Rice did not disclose to Roe that Dex had not been formed. Prior to the incorporation of Dex on February 1, 1985, Roe rendered accounting services pursuant to the contract. After rendering
accounting services for an additional period of six months pursuant to the contract, Roe was discharged without cause by the board of directors of Dex. In the absence of any agreements to the contrary, who will be liable to Roe for breach of contract? a. Both Rice and Dex b. Rice only c. Dex only d. Neither Rice nor Dex