________ auctions let would-be suppliers submit only one bid; they cannot know the other bids
A) Descending bid
B) Sealed-bid
C) English
D) Dutch
E) Reverse
B
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Every year Pam reassesses the economic situation in the target markets her company serves. What factors will Pam likely assess?
What will be an ideal response?
Samson bought a house from Kevin with a closing dateof June 20 with the transfer (deed) dated for this same date. Unknown to Samson, two weeks earlier, Kevin had obtained a loan from a bank, using the house as collateral
Owing to an administrative oversight, the bank did not get the mortgage documents registered until 2 pm on June 20.Samson's lawyer submitted the transfer for registration at 3.30 pm on June 20. Samson doesn't know if he should complete the deal. Which one of the following statements most accurately describes the legal position? A) Samson's interest would be subject to the bank's mortgage. B) Since Samson was not aware of the mortgage, the mortgage is not enforceable against him. C) The bank has a valid mortgage, but it would be subject to Samson's interest. D) Samson's deed is dated before the mortgage so it has priority over the mortgage. E) The mortgage is only enforceable as a simple debt against Kevin.
The following is a random list of the adjusted account balances of Wyoming Company as of the end of the current accounting period:Cash17,400?Accounts Receivable5100?Accounts Payable4100?Service Revenue17,600?Land24,400?Retained Earnings16,600?Operating Expenses11,800?Common Stock20,400?What is the total of the credit account balances that will be shown on the adjusted trial balance?
A. $41,100 B. $57,700 C. $58,700 D. $59,700
In reviewing the actions of the U.S. Bureau of Land Management and other federal agencies, the courts
a. are usually reluctant to review questions of fact. b. rarely defer to the technical expertise of administrative agencies. c. often rule on the merits of policy determinations. d. never defer to an agency's interpretation of law.