Whammy, Inc sent a preprinted purchase order to Vel-Tex, Inc offering to purchase 500 fasteners. The purchase order did not include a warranty clause. Vel-Tex accepted the order by sending an acceptance form to Whammy. The acceptance form stated that the fasteners were sold "AS IS with NO WARRANTIES." As soon as Whammy received the acceptance, it objected to the warranty clause. The warranty
clause will not be part of the agreement.
Indicate whether the statement is true or false
true
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If a firm's stock returns covary identically with returns to a marketwide portfolio, then its market beta from such a regression is:
a. equal to zero. c. less than one. b. equal to one. d. greater than one.
In relation to the parts of the human resources management process, labor relations would fall under ______.
a. human resources planning b. attracting employees c. developing employees d. retaining employees
Kiki and Bethany are considering how to complete their project for class. They sit down together to discuss their ideas and brainstorm. Kiki wants to do a video presentation while Bethany thinks a classic paper would be best. After debating the two ideas, they decided to do a live presentation with a handout explaining the main points. Kiki and Bethany had
a. High levels of relationship conflict b. High levels of structural conflict c. Low levels of task conflict d. Low levels of Process conflict
Ballard Company uses the perpetual inventory system. The company purchased $9700 of merchandise from Andes Company under the terms 3/10, net/30. Ballard paid for the merchandise within 10 days and also paid $420 freight to obtain the goods under terms FOB shipping point. All of the merchandise purchased was sold for $18,400 cash. What is the amount of gross margin that resulted from these business events?
A. $8700 B. $9700 C. $8280 D. $8571