The percentage of value of shipments that come from materials for the average manufacturer is:
A) greater than or equal to 40 and less than or equal to 49 percent.
B) greater than or equal to 50 and less than or equal to 59 percent.
C) greater than or equal to 60 and less than or equal to 69 percent.
D) greater than or equal to 70 percent.
Answer: B
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The equilibrium prices and quantities established after trade are fully determinate if we know
a. the location of all countries' indifference curves. b. the shape of each country's production possibilities frontier. c. the comparative costs of each trading partner. d. the strength of world supply and demand for each good.
______ makes a binding decision to which all parties must adhere.
a. An arbitrator b. A mediator c. A conciliator d. A collective bargainer
Rule 506 goes one step further than Rule 505 by allowing an issuing company to sell an unlimited number of securities to 35 investors and an unlimited number of accredited investors and relatives of issuers.
Answer the following statement true (T) or false (F)
Which of the following is NOT true regarding specific performance?
a. It will not be granted if money damages would be adequate to compensate the injured party. b. It is granted in contracts involving unique items of personal property. c. It will be granted frequently in contracts involving the sale of goods. d. The courts will not order directly the specific enforcement of contracts for personal services.