Nardell has operated a successful franchise for a few years and would now like to open another similar business under his own brand. The contract Nardell signed prohibits him from doing so. The contract contains:
A. a non-compete clause.
B. a co-branding clause.
C. a piggyback franchise provision.
D. an area development provision.
Answer: A
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Which of the following statements about dividends is correct?
A. Companies sometimes issue stock dividends to lower the market price per share of stock. B. A corporation has a legal obligation to pay dividends each year. C. Stock dividends immediately increase the total value of the stockholders' investment. D. Cash dividends and stock dividends both decrease total stockholders' equity.
ABC Manufacturing has 6 machines that perform a particular task. Breakdowns occur frequently for this machine. Past records indicate that the number of breakdowns that occur each day is described by the following probability distribution:
Number of Breakdowns Probability 0 0.4 1 0.3 2 0.2 3 0.1 More than 3 0.0 (a) What is the expected number of breakdowns in any given day? (b) What is the variance for this distribution? (c) What is the probability that there will be at least 2 breakdowns in a day?
Deductibles serve three major purposes, and two of those are:
A) reduce moral hazards; save on claims handling expenses B) reveal moral hazards; eliminate morale hazards C) reduce morale hazards; save on claims handling expenses D) reveal morale hazards, eliminate moral hazards
MNM, Inc. has three stores located in three different areas. Random samples of the daily sales of the three stores (in $1000) are shown below. Store 1 Store 2 Store 3 9 10 6 8 11 7 7 10 8 8 13 11 ? At the 1% level of significance, test to see if there is a significant difference in the average sales of the three stores. Use both the critical and p-value approaches.
What will be an ideal response?