If A and B are independent events with P(A) = 0.65 and P(A ? B) = 0.26, then, P(B) =

a. 0.400
b. 0.169
c. 0.390
d. 0.650


A

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If the buyer and seller have an agreement for liquidated damages, and the seller justifiably withheld delivery of the goods because of the buyer's breach, the buyer is entitled to recover:

A. any money or goods he has delivered to the seller only to the agreed amount of liquidated damages. B. an amount in excess of $500 or 20 percent of the value of total performance. C. any money or goods he has delivered to the seller over and above the agreed amount of liquidated damages. D. an amount in excess of $1,000 or 20 percent of the value of total performance or whichever amount is higher.

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Grant Miles is conducting a study on perception of advocates based on sex. In his study, he noted that male executives who visited South American settlements to promote the use of renewable energy received a highly positive response. In contrast, women who visited the same settlements received a hostile response. However, Miles states that his findings only applied to the small settlements. In his study, the presence of a settlement is considered a _________ variable.

A. non-reactive B. contingency C. dependent D. general E. global

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Before a supervisor can make decisions about how to trim costs, he or she has to know where the money is going. The most important source of such information is the

A. code of ethics. B. vision statement. C. budget report. D. employee handbook.

Business

A reduction in inventory levels forces a company to address poor manufacturing practices

Indicate whether the statement is true or false.

Business