A(n) _____ hypothesis is a statistical hypothesis that is tested for possible rejection under the assumption that it is true.
A. alternative
B. null
C. test
D. marginal
E. theoretical
Answer: B
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Payroll uses time card data to do all of the following except
a. prepare the payroll register b. update employee payroll records c. prepare the labor distribution summary d. prepare paychecks
TriColor purchased an industrial stamping machine from Vicy, Inc TriColor paid for the machine with a negotiable note. The note was payable to the order of Vicy, Inc Vicy, Inc indorsed the note and gave it to CCLoans to satisfy a debt. CCLoans knew
nothing about the contract between TriColor and Vicy, Inc CCLoans indorsed the note and gave it to Great River Youth Club as a charitable donation. When Great River Youth Club presented the note for payment on its due date, TriColor refused to pay, claiming that the stamping machine was defective. (A) Is Great River Youth Club a holder in due course? (B) Will TriColor be able to avoid liability to Great River Youth Club on the basis that the machine was defective?
Misrepresentation of a material fact cannot occur by silence.
Answer the following statement true (T) or false (F)
In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed). At the optimal solution, how many bags of Phosphate Max does John use?
a. 3.2 bags b. 1.6 bags c. 2.1 bags d. 4.8 bags