A binding promise or agreement requires that the parties to the agreement have contractual capacity

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


True

Business

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In questionnaire design, a question such as "Marketing is the best part of the business program, isn't it?"

A. asks two questions at once. B. is a question that respondents are reluctant to answer because the information is sensitive. C. leads respondents to a particular response. D. is a question that respondents cannot easily or accurately answer. E. is complex and something respondents may be unfamiliar with.

Business

Which of the following would not be a basis for a negligence product liability suit?

a. A recall by Toyota of certain of its cars for problems with the floor mat interfering with the driver's ability to apply the brakes quickly b. A highly explosive gas tank installed in a car with the manufacturer's knowledge of its dangers c. The continued sale of sunglasses to baseball teams knowing that the sunglasses were not shatterproof and had caused players eye injuries d. All of these would be a basis for a negligence product liability suit

Business

In the direct cutover conversion strategy, the new system

A) is tested by an outsourced company. B) replaces the old one at an appointed time. C) and the old are run together. D) is introduced in stages. E) the old and new systems are run in parallel.

Business

Indicate whether each of the following should be (A) added to the bank statement balance, (B) subtracted from the bank statement balance, (C) added to the checkbook balance, or (D) subtracted from the checkbook when computing the reconciled balance

a. Bank error: A deposit of $280 is shown on the statement as $250 b. NSF check returned to the depositor c. Automatic transfer for safe deposit fee d. Error in the checkbook: a check written for $45 was recorded as $54 e. ATM withdrawal not recorded in the depositor's records

Business