If British interest rates are lower than those of the United States, then the pound shows a forward discount, which means the forward rate is less than the spot rate.

a. True
b. False


b. False

Business

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Postponement is best used with items that:

A) have a long lead time and many product configurations. B) have suppliers with poor delivery performance. C) experience a yield that you won't know until the product is complete. D) are standardized and have short lead times.

Business

Although officers may be agents of the corporation, a third person suing the company has the burden of proving that a particular officer had the authority he purported to have

Indicate whether the statement is true or false

Business

E-Z Rid disposes of toxic wastes. Elmo worked for E-Z. He contacted clients, negotiated contracts, and oversaw the daily operations at E-Z. The company is so busy its safety procedures are overlooked to get all the work done. Elmo knew safety lapses at E-Z (including improperly burying toxic waste) were common, but he overlooked this because he wanted the company to succeed. Elmo happy until one

day he and Jo Wong, president of the E-Z, had an argument. Elmo quit and began to look for another job. Extracto, a rival of E-Z, needed someone like Elmo. He interviewed and thought he would get the job. But when Extracto got a letter describing Elmo's work, they told him they could not hire him. Jo had written a negative and partly untrue account of his work record. Elmo started his own business and contacted many of E-Z's clients. He told them that E-Z was having safety problems, that they could be financially liable for E-Z's negligence, and that Jo was unstable. Many of E-Z's customers switch to do business with Elmo. When Jo discovered what Elmo had done she was furious. She bought a one-page ad in the local paper which stated that Elmo was a careless businessman whose business was bound to be awful, and who embezzled funds from clients in the past (not true). Elmo then stormed onto E-Z's property and went into Jo's office. After calling her a no-good liar, Elmo slapped her. Elmo's reaction to Jo's one-page advertisement may subject him to which legal action(s) by Wong: a. battery b. conversion c. trespass d. all of the answers apply e. none of the answers apply

Business

Which of the following is NOT a component or function of a typical database management system (DBMS)?

a. Low-level process management b. Direct query processor c. Application program interface processor d. Administrative interface

Business