The acceptance of an offer to form a contract may be communicated in any "reasonable" way and be effective, in most instances
a. True
b. False
Indicate whether the statement is true or false
True
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FDA approval is not mandatory for medical devices to be legally sold in the United States
Indicate whether the statement is true or false
Priscilla Han signs a mortgage document to mortgage her house to Pascal Wong. Pascal does not register it. Priscilla then sells the property to Danny Kwon who does not know of the mortgage and who registers the deed
Which of the following statements is TRUE? A) The mortgage is enforceable against Danny because Priscilla signed it when she owned the property. B) The mortgage is enforceable against Danny because it is in writing. C) The mortgage is not enforceable against Danny because it was not registered. D) The mortgage is enforceable because mortgage rights cannot be extinguished except by fraud. E) both A and B
Nikki was an tax accountant with HBR Accounting. Nikki decided to do some private tax consulting in the evenings and on weekends. HBR is unaware of Nikki's consulting work. Which statement is correct?
a. Nikki has not breached a fiduciary duty to HBR since her consulting is done after her work for HBR. b. Nikki has not breached a fiduciary duty to HBR since her behavior does not reflect badly on the accounting firm. c. Nikki has not breached a fiduciary duty to HBR since Nikki has a contractual relationship with her clients, not her employer. d. Nikki has breached a fiduciary duty to HBR since she is competing with HBR.
A quality analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that the process standard deviation is two ounces. Each day last week, he randomly selected four packages and weighed each
The data from that activity appear below. Weight Day Package 1 Package 2 Package 3 Package 4 Monday 23 22 23 24 Tuesday 23 21 19 21 Wednesday 20 19 20 21 Thursday 18 19 20 19 Friday 18 20 22 20 (a) Calculate all sample means and the mean of all sample means. (b) Calculate upper and lower 2-sigma x-bar chart control limits that allow for natural variations. (c) Based on the x-bar chart, is this process in control?