Media Report seeks information about well-known businesspersons under the Freedom of Information Act. To obtain the information, Media Report must

A. agree not to reveal any trade secrets.
B. reasonably describe the information.
C. get a court order.
D. obtain the businesspersons’ consent.


Answer: B

Business

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The term "safeguard" refers to the relinquishment of an obligation owed by another

Indicate whether the statement is true or false

Business

Trey, an agent for Uno Music Corporation, executes an unauthorized contract with Variety Recording, Inc., that is highly advantageous to Uno. Variety withdraws from the deal before Uno ratifies the contract. The contract is

A. valid. B. variable. C. void. D. voidable.

Business

The owner of an amusement park has decided to open a second entry booth and hire another employee to service customers entering the park. Customers arrive at the rate of 20 per hour and will wait in a single line until one of the two employees is available to provide service. The average service time of both employees is 2 min to provide service. The arrival rate follows Poisson distribution, and the service time follows a negative exponential distribution. Determine the average number of customers waiting in the system.

A. 0.75 B. 0.89 C. 0.08 D. 0.98

Business

A gift is essentially a voluntary transfer of property ownership for which no consideration is given.?

Indicate whether the statement is true or false

Business