Which scale of measurement can be either numeric or non-numeric?

a. Nominal
b. Ratio
c. Interval
d. Quantitative


a

Business

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A telephone call from a salesperson requesting you to purchase a subscription to an educational magazine designed to help children improve their math skills is an example of which of the following?

A) direct selling B) one-way communication C) direct wholesaling D) two-way vending E) e-commerce

Business

In case of a breach of trade agreements of the World Trade Organization (WTO), which of the following WTO bodies first hears the dispute?

A) a WTO panel B) a WTO Appellate Body C) the WTO dispute settlement body D) the WTO General Council

Business

Payne Company reported the following information for the current year:      Sales$1,600,000 Average Operating Assets$500,000 Desired ROI 14%Net Income$85,000  The company's residual income was:

A. $15,000. B. $(15,000). C. $24,000. D. $14,000.

Business

If the seller of goods is an expert and gives an opinion with regard to the goods, the seller may be liable for breach of warranty

Indicate whether the statement is true or false

Business