In a simple random sample, every possible sample of size n is equally likely to be selected

Indicate whether the statement is true or false


TRUE

Business

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Consolidation adjustments that are made to prepare consolidated financial statements of the parent and subsidiary are required in order to: 

A. follow tax laws. B. eliminate transactions with third parties. C. avoid double counting. D. obey the state laws.

Business

A retailer with a relatively large trading area and higher than average profitability is most likely to have which type of store location?

a. saturated b. understored c. overstored d. oversaturated

Business

Select the most accurate statement about using animation and color to get the most positive response from your audience

A) The messages that colors convey are the same in all cultures. B) Try to use animation and sound effects on almost every slide to keep your audience's attention. C) Bold colors such as blue, green, and purple are best to highlight primary ideas. D) Adjust the text color in such a way that it provides low contrast, which will make it more readable

Business

Gary decided to borrow from Jones Bank since it promised that his loan interest rate would be systematically reduced every year when the board met. The loan rate was never reduced, but actually increased monthly. Gary refused to pay the interest demanded and sued for rescission of the contract. The bank attempted to collect from Lewis, a surety under the loan. Does Lewis have to pay?

a. Yes, because there is no defense. b. No, because a fraud perpetrated upon Gary will be a defense. c. Yes, since the surety obligation is separate from the underlying contract. d. No, because the surety stands in the shoes of the debtor for all purposes.

Business