__________, usually called debentures, have only the obligation of the corporation behind them

a. Secured bonds
b. Income bonds
c. Unsecured bonds
d. None of these are correct.


c

Business

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Why is the term value delivery network a more relevant expression to use than the term supply chain or demand chain?

What will be an ideal response?

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Which stage of cultural shock is often referred to as the "honeymoon" stage?

a. first b. second c. third d. fourth

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A small increase or decrease in consumer demand can produce a much larger change in demand for the facilities and equipment needed to make the consumer product. This is known as _____

a. the multiplier effect b. reciprocity c. the conversion rate d. frequency

Business

Tu-thumbs buys a used paint sprayer from the local paint store. The sprayer had a large sign on it which said "AS IS." The dealer made no promises or statements concerning the performance of the paint sprayer. When Tu-thumbs attempts to spray paint his house, the trigger on the sprayer sticks in the "on" position and before Tu-thumbs can pull the electrical cord to cut the power, paint is sprayed

all over his prize Borzoi dog that is scheduled to be shown in a dog show the next day. Tu-thumbs sues the dealership. Who wins? a. Dealer wins; there were no express warranties and all implied warranties have been successfully disclaimed. b. Tu-thumbs wins; he can recover on the basis of express warranties. c. Tu-thumbs wins; he can recover on the basis of the implied warranty of merchantability because the word "merchantability" was not used in the disclaimer. d. Dealer wins; even though there were implied warranties, the damage to the dog could not have been foreseen.

Business