A principal has the right to assert any rights the creditor could have asserted against the debtor, including taking security interests

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


False

Business

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Only one level of industry marketing expenditure will actually occur. The market demand corresponding to this level is called the ________

A) market minimum B) market share C) market forecast D) market potential E) company demand

Business

Variable costs as a percentage of sales for Lemon Inc are 80%, current sales are $600,000, and fixed costs are $130,000. How much will operating income change if sales increase by $40,000?

A) $8,000 increase B) $8,000 decrease C) $30,000 decrease D) $30,000 increase

Business

Fulfillment operations are not a critical part of a Web-based strategy

Indicate whether the statement is true or false

Business

If an activity has a late start time of 8 and an early start time of 10, what is the activity’s slack time?

a. 2 b. 0 c. -2 d. An activity’s late start time cannot be less than its early start time

Business