Cases that go to federal court that involve disputes between citizens of different states are commonly referred to as:

a. diversity of jurisdiction cases b. diversity of citizenship cases
c. diversity of remuneration cases d. diversity of statehood cases
e. diversity of subject matter cases


b

Business

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A generic market is one in which

A. products from different industries compete for customers by trying to satisfy the same basic need. B. a number of firms are all offering new or improved products in an effort to increase sales. C. one seller has a patent for a superior product and other competitors imitate the leader with inferior products. D. no firm can establish a competitive advantage. E. None of these answers is correct.

Business

Which of the following can result from improving quality?

A. higher customer satisfaction B. higher costs C. reduced compliance D. loss of market share

Business

The production cost report for Department 1 shows that $159,000 was assigned to the 38,000 units transferred to Department 2. This transfer cost assigned to units transferred to Department 2 is recorded with a debit to Work-in-Process—Department 1

Indicate whether the statement is true or false

Business

If P(A ? B) = 0, _____

a. P(A) + P(B) = 1 b. either P(A) = 0 or P(B) = 0 c. A and B are mutually exclusive events d. A and B are independent events

Business