Which of the following is the best definition of monetary order?

A) a set of laws that establishes the framework for the economy to settle and conduct transactions
B) a set of rules for how money will be printed and counted within an economy
C) the policies that govern what will be considered money in an economy
D) the policies that establish the exchange rate system in an economy


Answer: A

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Morality plays no part of gambling contract legality

a. True b. False Indicate whether the statement is true or false

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Some insurance companies intentionally seek to insure motorists with poor driving records. These insurers commonly insure drivers who have been turned-down or canceled by other insurers

What name is given to insurers who provide coverage to these higher-than-average risks drivers? A) alien insurers B) guaranty fund insurers C) specialty insurers D) surplus lines insurers

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A sales compensation plan should

A. be based on salary or commission, but not a combination of the two. B. use the same commission rates on all products, if commissions are used at all. C. be easy for salespeople to understand. D. use a percentage of dollar sales in calculating compensation-if commissions are used. E. None of these answers is correct.

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Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints--except the nonnegativity constraints of the decision variables--should be set as an equal to (=) sign in the Excel Solver dialogue.) At the optimum solution, the total cost of shipping from all plants to Shreveport is ______.



A. $893
B. $533
C. $672
D. $576

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