Which of the following is necessary to be considered a good faith purchaser?

a. The purchaser must act honestly.
b. The purchaser must give value for the item.
c. The purchaser must take the goods without notice or knowledge of any defect in the title of the transferor.
d. All of these are necessary.


d

Business

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In return for participating in Honda advertising and sales support programs, Honda dealerships are rewarded with payments or price reductions, which are known as ________

A) seasonal discounts B) functional allowances C) cash discounts D) promotional allowances E) trade-in allowances

Business

Describe how capacity enhancements can improve a company’s economies-of-scale. Provide at least one example (from the textbook or from another source) of this.

What will be an ideal response?

Business

Which of the following is the first step in the Productivity Measurement and Evaluation System (ProMES)?

A. The staff defines indicators of the products to measure how well the products are being generated. B. The staff establishes the contingencies between the amount of the indicators and the level of evaluation associated with that amount. C. The management develops a feedback system that provides employees and work groups with information about their specific level of performance. D. The employee and manager identify what the employee can do to capitalize on performance strengths. E. People in the organization identify the set of activities or objectives the organization expects to accomplish.

Business

Compute the hypergeometric probabilities for the following values of n and x. Assume N = 8 and r = 5

a. n = 5, x = 2 b. n = 6, x = 4 c. n = 3, x = 0 d. n = 3, x = 3

Business