The buyer has the right to inspect goods before accepting them

Indicate whether the statement is true or false


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When an offeree uses a nonauthorized means of acceptance, the acceptance is:

A. effective upon dispatch. B. not effective until it is received by the offeror. C. illegal. D. not effective upon receipt by the offeror.

Business

Assume that social security taxes are payable at a 6% rate on the first $100,000 of earnings and medicare taxes are payable at a 1.5% rate with no maximum earnings, and that federal and state unemployment compensation taxes total 4.6% on the first $7,000 of earnings. If an employee, George Jones, earns $2,500 for the current week and Jones' year-to-date earnings before this week were $6,800, what

is the total payroll taxes related to the current week? A) $187.50 B) $196.70 C) $344.50 D) none of the above

Business

Electronic banking enables cash transactions to occur using retail coding systems

Indicate whether the statement is true or false

Business

Why does a U.S. company exporting wooden furniture manufactured in Malaysia to the European Union benefit from the decline in the value of the ringgit against the euro?

A. Because decline in the value of the ringgit against the euro has no impact on the cost of furniture manufactured in Malaysia, both in Malaysian or European markets. B. Because decline in the value of the ringgit against the euro makes Malaysian goods less competitive in the U.S. market. C. Because decline in the value of the ringgit against the euro raises the cost of furniture manufactured in Malaysia, making it less competitive in European markets. D. Because decline in the value of the ringgit against the euro makes European goods more competitive as compared to Malaysian goods. E. Because decline in the value of the ringgit against the euro reduces the cost of furniture manufactured in Malaysia, making it more competitive in European markets.

Business