Unlike a line of credit, in a revolving credit agreement:
A. a bank makes a binding commitment to provide a business with funds up to a specified credit limit at any time during the term of the agreement.
B. a bank provides funds for no more than 90 days.
C. the bank interest rate is allowed to float based on agreed-upon criteria.
D. a bank agrees to make additional funds available as long as the principal and interest are paid.
Answer: A
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The president of Hi-Glow Cosmetics sends his top chemist to Hi-Glow's competitor's labs to steal its formula for shiny lipstick. The chemist gets caught and is sent to jail. Can Hi-Glow be found to be criminally liable?
a. Yes, under the doctrine of ultra vires. b. Yes, since the president authorized the crime. c. No, because a corporation cannot go to jail. d. Yes, under the doctrine of ultra vires and also since the president authorized the crime.
Refer to the data given for production and shipping costs for Auto Parts, Inc. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, which of the following statements is true?
a. The number of units shipped from Kolkata to Naples is one fourth of the total quantity produced by Tokyo.
b. The Naples market requires more than can be produced by Tokyo alone.
c. The quantity shipped from Tokyo to Naples is equal to the quantity shipped from Bangkok to Naples.
d. The cost of producing/shipping from Tokyo to Naples is more than the cost of producing/shipping from Kolkata to Naples.
Define e-mail message. Name four situations where you would choose to send an e-mail message.
What will be an ideal response?
Which of the following is NOT a role of the closure facilitator?
A. Elicit a 360-degree view and input from all stakeholders to create a more complete picture of project issues B. Get delivery acceptance from the customer C. Create an environment in which stakeholders feel safe to provide input D. Use several questionnaires as a starting point to conduct the post-project retrospective E. Lead the team in exploring new ways for solving problems