A proof of claim is a document required to be filed by a creditor that states the amount of his or her claim against the debtor

Indicate whether the statement is true or false


TRUE

Business

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Michelle is driving at night when a policeman pulls her over for a blown taillight. When he approaches the car, he shines his flashlight into the car and sees a bag of white powder on the back seat. The officer orders Michelle out of the car and then reaches in to seize the bag. A quick examination leads him to believe that the bag contains cocaine. He arrests Michelle and takes her to the station. Was the officer's search legal?

A. The officer conducted an illegal search because he did not obtain a warrant. B. The officer conducted an illegal search because he may look into the car but may not use mechanical devices to aid his search without a warrant, so the use of the flashlight made the search illegal. C. The officer conducted a legal search because he found drugs and the ends justify the means. D. The officer conducted a legal search of areas which were openly visible because he may look into the car and may use simple mechanical devices, such as a flashlight, to aid his search without a warrant.

Business

______________________________ is an integrated decision support system for planning, executing, and controlling manufacturing operations

Fill in the blank(s) with correct word

Business

Which of the following is a drawback of technology licensing?

A. The licensee runs the constant risk that the licensor will provide inferior service. B. Licensing maximizes the physical and financial presence of a business overseas, thereby exposing it to risks. C. Licensing escalates the risks of suffering devastating losses in the event of an expropriation. D. The licensee can sever the licensing relationship and become a competitor after gaining access to the licensor's technology.

Business

Esther and Salim are promoters for Kale Inc. Prior to its incorporation, Esther negotiated several preincorporation contracts with Ian, an investor. She signed each contract in the name of Kale Inc. Kale subsequently was incorporated, but the Kale Board of Directors refused to adopt the contracts. Ian later sues Kale, Esther, and Salim on the contracts. Which of the following statements is true of this case?

A. Kale, Esther, and Salim are liable as they are sued by Ian. B. Esther and Salim are liable as they are promoters of Kale Inc. C. Only Kale and Esther are liable as Esther, a promoter of Kale, negotiated several preincorporation contracts with Ian. D. Esther is solely liable as she signed each contract in the name of Kale Inc.

Business