Which of the following statements is true of sale of collateral?
A. If the creditor has a security interest in consumer goods and the debtor has paid 60 percent or more of the purchase price, the creditor must sell the repossessed collateral.
B. The creditor must sell the collateral unless the consumer orally objects to the sale, otherwise, the creditor may keep the collateral in satisfaction of the debt.
C. In disposing of the collateral, the creditor must use a commercially reasonable method to produce the greatest benefit to himself and not to the debtor.
D. If less than 80 percent of the purchase price has been paid, the creditor may propose to the debtor that the creditor keep the collateral in satisfaction of the debt.
Answer: A
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An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________.
A. focused cost leadership B. focused differentiation C. broad differentiation D. industry-wide cost leadership E. industry-wide differentiation
What is an appropriate objective function for this vacation?
Their cruise would port out of New Orleans and promised seven days with a panoply of excursions in Jamaica, Cozumel, and Grand Cayman. A list of excursions at each site and key features of each appear in the table. The excursions were all day affairs, so it was possible to engage in only one per port. The cruise ship sailed at night and docked at each of these three ports at the crack of dawn. By dinner time, the ship was on its way to the next port and next set of excursions. The couple was energetic and active for a pair of 52 year-olds., and while enjoying an upper middle class lifestyle, they didn't want to spend money on excursions that might be better spent on tacky souvenirs. The couple therefore budgeted $250 for the excursions — the prices shown are per couple, so for example, the $60 will pay for both of them to fill up on jerk chicken and mannish water. For each of the duplicate excursions (e.g., snorkeling is offered in all three ports), the couple researched the quality of the activity and ranked the excursion among the available alternatives, with higher numbers indicating better quality. Thus, snorkeling in Jamaica is better than in Cozumel, and snorkeling in Cozumel is better than in Grand Cayman. For the unique experiences, i.e., the turtle farm, the default rating was the a 3. Site Rating Activity Cost Jamaica 3 snorkeling $100 Jamaica 1 party island $95 Jamaica 2 horseback ride $120 Jamaica 3 local cuisine $60 Cozumel 2 snorkeling $110 Cozumel 3 party island $55 Cozumel 1 horseback ride $70 Cozumel 2 local cuisine $90 Cozumel 3 tequila tasting $130 Grand Cayman 1 snorkeling $90 Grand Cayman 2 party island $60 Grand Cayman 3 horseback ride $110 Grand Cayman 1 local cuisine $130 Grand Cayman 3 turtle farm $95 (Note - data used in this test question should not be construed as vacation advice.) A) Max Z = JS + JP + JH + JL + CS + CP + CH + CL + CTe + GS + GP + GH + GL + GTu B) Min Z = 100JS + 95JP + 120JH + 60JL + 110CS + 55CP + 70CH + 90CL + 130CTe + 90GS + 60GP + 110GH + 130GL + 95GTu C) Max Z = 3JS + 1JP + 2JH + 3JL + 2CS + 3CP + 1CH + 2CL + 3CTe + 1GS + 2GP + 3GH + 1GL + 3GTu D) Min Z = 3JS + 1JP + 2JH + 3JL + 2CS + 3CP + 1CH + 2CL + 3CTe + 1GS + 2GP + 3GH + 1GL + 3GTu
Of values, attitudes, or behavior, behavior is ______.
A. the easiest of the three to tackle B. the result of values and attitudes C. a consistent expression of beliefs D. none of these
Open issues are questions raised by the ________
A) system analyst B) system client C) system designer D) system architect