When a buyer or lessee is a consumer, any limitation of consequential damages for personal injuries resulting from consumer goods is prima facie unconscionable

Indicate whether the statement is true or false


T

Business

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Franco and Jason share income and losses in a 2:1 ratio after allowing for salaries of $15,000 and $30,000 . If the partnership suffers a $15,000 loss, by how much would Jason's capital account increase?

a. $10,000 b. $20,000 c. $40,000 d. $25,000

Business

The distribution of the values of a sample statistic computed for each possible sample that could be drawn from the target population under a specified sampling plan is called the sampling distribution

Indicate whether the statement is true or false

Business

You are applying for graduate school at University A. In the past 42% of the applicants to this university have been accepted. It is also known that 70% of those students who have been accepted have had GMAT scores in excess of 550 while 40% of the students who were not accepted had GMAT scores in excess of 550. You take the GMAT exam and score 640. What is the probability that you will be accepted into graduate school of University A? (Round to 4 decimal places.)

What will be an ideal response?

Business

In what ways do embargoes and exclusives leverage the MPR process? What are complications that may occur as a result of using these tactics?

What will be an ideal response?

Business