Phoebe rented a safe deposit box in a bank to keep her valuables. In this case, ________.
A. the bank is not liable to explain any loss or damage to the contents of the box
B. the bank is not an insurer of the contents of the box
C. Phoebe is the bailee
D. the bank is the bailor
Answer: B
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Thelma goes to collect her clothes from a dry-cleaning store at 8 p.m. The store guarantees a 24-hour pick-up service in all of its advertisements. However, she is disappointed to find that the pick-up service is available only between 11 a.m. and 7 p.m. This is an example of a
A. knowledge gap. B. research gap. C. market gap. D. communications gap. E. delivery gap.
A business purchases equipment for $8,000 cash. Which of the following accounts is debited?
A) Cash B) Accounts Payable C) Common Stock D) Equipment
In the survey used by an organization of mothers who swap toys, respondents were asked, "Would you be willing to pay a small fee in order to take advantage of this service? Circle YES or NO." This is a(n) _____ question.
A. open-ended B. sampling frame C. scaled-response D. double-barreled E. dichotomous
A multiple regression equation has been developed for y = daily attendance at a community swimming pool, x1 = temperature (degrees Fahrenheit), and x2 = weekend versus weekday, (x2 = 1 for Saturday and Sunday, and 0 for other days of the week.) For the regression equation shown below, interpret each partial regression coefficient: y = 100 + 10x1 + 175x2