Which is correct?
a. The jacket or the boots are on sale.
b. The jacket or the boots is on sale.
a
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A pharmaceutical company has disclosed a list of side effects of its new prescription drug. A consumer who takes the drug in the right doses suffers from one of these side effects and sues the company for product liability
Which of the following would be the pharmaceutical company's defense in this lawsuit? A) The consumer was injured due to a supervening event. B) The consumer had assumed the disclosed risks when purchasing the drug. C) The side effects suffered by the consumer were generally known dangers of the drug. D) The consumer abnormally misused the drug.
Seasonal inventory should be used when
A) a company can rapidly change the rate of its production system at a very low cost. B) changing the rate of production is expensive (e.g., when workers must be hired or fired). C) adjusting to a period of low demand without incurring large costs. D) the world is perfectly predictable.
What is meant by prepayments due to cash-out refinancing?
What will be an ideal response?
Albert just purchased a $1,000, 5.4%, 10-year bond when he heard about his friend Charlie who just bought a similar bond at $1,000; 9.5%, 10-year bond. What kind of risk did Albert just experience?
A) Interest rate B) Market C) Financial D) Business