In a __________, no sale takes place (meaning there is no transfer of title) until the buyer accepts the goods
A) conditional sale
B) contingency sale
C) sale or return
D) sale on approval
D
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When people say average, they usually intend to indicate the __________, or arithmetic average
A) mean B) mode C) median D) margin
You should use the verb tense (past, present, or future) that is appropriate at the time the reader reads the report--not necessarily at the time that you wrote the report
Indicate whether the statement is true or false
Mr. Jones agrees to buy a tractor from Monster Tractor Ltd. With Monster's consent, he backdates the contract and the cheque so he can claim the expense in the previous tax year
Monster is late in delivery, so it agrees to pay interest on the purchase price until Jones receives the tractor. After delivery, Monster refuses to pay the interest, and Jones sues. Which of the following statements is TRUE? A) The contract is enforceable. Its purpose was to buy and sell a tractor, and there is nothing illegal about that. B) The contract is enforceable. There was an illegal purpose to the original agreement, but it had nothing to do with the agreement to pay interest. C) The contract is enforceable. While it is true that Jones was attempting to cheat on his taxes, and Monster was knowingly assisting him, as between the two of them one is no better than the other. D) The contract is unenforceable. There was an illegal purpose to the original agreement, to cheat Revenue Canada so it also made the agreement to pay interest unenforceable. E) Both B and C
The term Xij in the formula used for calculating the total cost of handling materials in a process layout stands for:
a. number of loads moved between Departments i and j
b. distance between Departments i and j
c. cost to move a load between Department i and j
d. number of departments or work centers