Reva prepares and signs a document that she intends to be her will. If she has not followed the legal technicalities of her state regarding executing a will, the court may not enforce the will.

Answer the following statement true (T) or false (F)


True

Business

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Unhappy customers are ______ as likely to spread negative word of mouth as happy ones are to spread positive word of mouth.

a. just b. twice c. three times d. four times

Business

While staying at Smith Hotel Corp., Nina asked her son to take her two diamond rings to the hotel clerk for safekeeping. The rings were shown to the clerk and then placed in a "safe-deposit envelope" which was sealed. The son received a depositor's check stub, which had a number corresponding to the number on the envelope. The envelope was kept in a safe, located in the hotel's front desk, which was used to keep the hotel's cash as well as the valuables of guests. Though equipped with a combination lock, the safe was usually kept unlocked as there would always be a clerk on duty at the reception desk. The following night, the hotel was robbed by two armed men and Nina's rings were taken. She sued the hotel for the value of the rings. The hotel claimed that the robbery was an "act of a

public enemy" that relieved the hotel of liability. If the safe-deposit envelope is analyzed in the way that safety deposit boxes are, was the hotelkeeper liable for the theft of property left with it for safekeeping? What will be an ideal response?

Business

South State, Inc used $153,000 of direct materials and incurred $63,000 of direct labor costs during the year

Indirect labor amounted to $270,000, while indirect materials used totaled $53,000. Other operating costs pertaining to the factory included utilities of $135,500; maintenance of $70,260; repairs of $53,400; depreciation of $133,000; and property taxes of $74,640. There was no beginning or ending finished goods inventory, but Work-in-Process inventory began the year with a $5,000 balance and ended the year with a $7,400 balance. How much is the cost of goods manufactured? A) $12,400 B) $1,003,400 C) $1,010,800 D) $1,005,800

Business

Which of the following would be classified as an external failure cost on a quality cost report?

A. Re-entering data because of keying errors. B. Disposal of defective products. C. Technical support provided to suppliers. D. Repairs and replacements beyond the warranty period.

Business