The Truth in Lending Law requires that the cost of credit be stated both in dollars and cents and as a percentage of the amount borrowed
Indicate whether the statement is true or false
T
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Which of the following is true of the laissez-faire economic theories that were prevalent in the 19th century?
A. These theories were never considered a part of the public policy in the 19th century. B. People in business had to face a lot of restrictions while planning the kind of economy that increasing industrialization required. C. People in business were unable to limit or shift many of their economic risks by placing clauses in their contracts. D. The courts were unwilling to interfere with people's private agreements or to do anything that might interfere with the country's growing industrialization.
A discount on bonds payable:
A. Increases the Bond Payable account. B. Decreases the total bond interest expense. C. Occurs when a company issues bonds with a contract rate less than the market rate. D. Occurs when a company issues bonds with a contract rate more than the market rate. E. Is not allowed in many states to protect creditors.
The definition of "goods" in the UCC may include timber, minerals, growing crops, or a building
a. True b. False Indicate whether the statement is true or false
The table depicts a production line that has been balanced with a takt time of 2 minutes. What is the percent idle time of this balance?
Workstation 1 2 3 4 5 6 Task A, B C D, E, F G, H I J, K, L Time (min) 1, 1 1.8 1, 0.5, 0.4 0.9, 0.8 1.8 0.5, 0.5, 0.6 A) 5% B) 10% C) 15% D) Cannot be determined from the information provided.