What is the best definition of the mailbox rule?

A. Acceptance of an offer must be on precisely the same terms as the offer.
B. Users must agree to certain terms and conditions prior to using the product or service.
C. Acceptance of an offer is generally effective upon dispatch; terminations are effective when received.
D. Courts follow certain practices when parties to an agreement fail to make provisions for a particular matter.


Answer: C

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Fill in the blanks with correct word

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Which of the following is an accurate statement regarding dissolution of a partnership?

A. A general partnership may be dissolved, while a limited partnership may not. B. Just like a general partnership, a limited partnership may be dissolved, and its affairs wound up. C. Dissolution of a general partnership is governed by federal law, while dissolution of a limited partnership is governed by state law. D. Dissolution of a limited partnership is governed by federal law, while dissolution of a general partnership is governed by state law.

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What automates each phase of the sales process, helping individual sales representatives coordinate and organize all of their accounts?

A. Sales management systems. B. Contact management systems. C. Opportunity management systems. D. None of the above.

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The price of a particular brand of jeans has a mean of $37.99 and a standard deviation of $7 . A sample of 49 pairs of jeans is selected. Use Excel to answer the following questions:

a. What is the probability that the sample of jeans will have a mean price less than $40? b. What is the probability that the sample of jeans will have a mean price between $38 and $39? c. What is the probability that the sample of jeans will have a mean price within $3 of the population mean?

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