The number of different simple random samples of size 5 that can be selected from a population of size 10 is

A. 50
B. 30,240
C. 2
D. 252


Answer: D

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Floors, Inc offers terms of 2/10, n/30 to credit customers. Tile Magic Corp purchased 100 tile cutters with a list price of $20 each on August 5, 2015, on account. Tile Magic Corp paid the invoice on August 31, 2015 . How much sales discount will Floors recognize?

a. $ -0- b. $ 40 c. $ 200 d. $ 236

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Which of the following is not true?

a. Convertible preferred shares give the holder of preferred shares the right to convert the preferred shares into a specified number of common shares under certain specified conditions. b. Convertible preferred shares require the holder of preferred shares to convert the preferred shares into a specified number of common shares under certain specified conditions. c. Convertible preferred shares provide the security holders with the possibility of capital appreciation by converting the preferred shares into common shares if the market price of the common shares rises sufficiently. d. Convertible preferred shares provide the security holders with a relatively assured dividend. e. Convertible preferred shares provide the security holders with a claim that is senior to that of common shareholders.

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Tony has an unendorsed Personal Auto Policy which provides medical payments coverage. Under which of the following circumstances would the injured person be eligible for benefits under Tony's policy?

I. A friend in the car is injured while Tony is driving a covered auto. II. A passenger on a motorcycle driven by Tony is injured when Tony hit another vehicle. A) I only B) II only C) both I and II D) neither I nor II

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Patricia, who is married to Dustin, applies for a credit card from Vankirk's Department Store, but she is turned down because she is a married woman and the store's policy is to issue cards only in the name of the husband in such situations. What are her legal rights in this situation?

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