A system has one service facility that can service 10 customers per hour. The customers arrive at an average rate of 6 per hour. Utilization is ________

Fill in the blank with correct word.


Answer: 60%

Business

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Which of the following is true regarding an agent who is acting for an undisclosed principal?

a. The agent will bind both himself and the principal on most contracts. b. The third party will never be bound in a contract with the principal. c. An undisclosed principal will bind only himself and not the agent. d. Failure to disclose the name of the principal is a form of fraud.

Business

Equipment Rentals Corporation (ERC) agrees to lease two backhoes to Dig & Fill Construction, Inc Before any inter-est in the backhoes can pass from ERC to Dig & Fill, they must be A) in existence and identified as the goods in the contract

B) in ERC's physical possession. C) in Dig & Fill's physical possession. D) listed in a document of title and filed in the appropriate state office.

Business

Why is a stripped Treasury security identified by whether it is created from the coupon or the principal?

What will be an ideal response?

Business

______ are often used in place of a partnership or corporation

a. private trusts b. tax-avoidance trusts c. business trusts d. ultimate trusts e. corporation trusts

Business