Suppose A and B are mutually exclusive events where P(A) = 0.2 and P(B) = 0.5, then P(A or B) = 0.70
a. True
b. False
Indicate whether the statement is true or false
True
Business
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A retailer is a business that buys products to sell to other businesses that then sell the products to other consumers
Indicate whether the statement is true or false
Business
A contract right that may not be assigned is the right to
a. collect money. b. an attorney's services. c. the damages awarded for a breach of contract. d. receive standard merchandise.
Business
An offer is made by an offeree
a. True b. False Indicate whether the statement is true or false
Business
An example of a command economy is
A. capitalism. B. laissez-faire. C. oligopoly. D. communism. E. mixed economy.
Business