Jerry bought a stereo from SX Company "on approval." The risk of loss passed to Jerry when he took possession of the stereo

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


False

Business

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What must be true for a pension plan to be deemed a qualified plan?

A. It must not be a cafeteria-style plan. B. It must not discriminate in favor of an organization's highly compensated employees. C. It has to be a defined-benefit plan that requires most of the funding to come from the employer. D. It has to be a defined-contribution plan. E. It should include elder care and child care.

Business

Price fixing is a rule of reason violation of Section 1 of the Sherman Act

Indicate whether the statement is true or false

Business

For any supply chain, the source of revenue is generated by

A) efficient operations. B) information flows. C) the customer. D) product flows.

Business

Which of the following hypotheses/theories asserts that there exists no optimal dividend policy, because a firm's dividend policy does not affect its value.

A. Dividend relevance theory B. Dividend irrelevance theory C. Clientele effect theory D. Signaling hypothesis E. Free cash flow hypothesis

Business