A competitor can lawfully discover a trade secret by performing reverse engineering.
Answer the following statement true (T) or false (F)
True
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Based on the above data, what is the quick ratio, rounded to one decimal point?
a. 1.7 b. 2.9 c. 1.1 d. 1.0
A company operating in the business market may find it useful to segment possible customers based on their level of risk aversion
Indicate whether the statement is true or false
Wichita Industries' sales are 10% for cash and 90% on credit. Credit sales are collected as follows: 30% in the month of sale, 50% in the next month, and 20% in the second following month. Wichita Industries' had $12,000 from November sales and $42,000 from December sales. Assume that total sales for January and February are budgeted to be $50,000 and $100,000, respectively. What are the expected cash receipts for February from current and past sales?
A. $80,500. B. $71,500. C. $61,500. D. $59,500. E. $34,500.
Can the holder of a life estate mortgage his life estate?
A) Yes, so long as the mortgage term is limited to the length of the life estate B) No, because a life estate is not real property C) Yes, with the only restrictions being those applicable to a mortgage of a fee simple interest D) Yes, but only if the holder of the remainder interest or reversion also simultaneously mortgages that interest E) No, because of the uncertainty over how long the interest will last