Incoterms are published by the International Chambers of Commerce based in Paris, France

Indicate whether the statement is true or false


True

Business

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A credit crunch occurs when

A. banks do not lend as they ordinarily would, but rather have much higher requirements for borrowers to qualify for loans than normal. B. inflation rises, driving up interest rate near their legal ceiling, causing people to pull their funds out of banks. C. regulators pressure banks to increase loans to under-served groups in society. D. government officials force banks to lend in areas where they wish to establish branches.

Business

A unit that is rejected at a quality control inspection point, but that can be reworked and sold, is referred to as a

a. spoiled unit. b. scrap unit. c. abnormal unit. d. defective unit.

Business

The outcomes that result given the actual decision made and the state of nature that occurs are referred to as ______.

a. consequences b. states of nature c. payoffs d. decision alternatives

Business

Of the elements necessary to prove a case of disparate treatment involving pretext, which of the following is NOT required?

a. plaintiff applied for the employment opportunity b. plaintiff was qualified for the employment opportunity c. plaintiff was not hired for the employment opportunity d. plaintiff was as qualified for the employment opportunity as the person hired

Business