A game has a saddle point when the maximin payoff value equals the minimax payoff value

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


True

Business

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A sensitivity analysis of changes in value based on industry and cash-flow assumptions is one of the aspects of the audit program for goodwill impairment testing

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

Business

Landmark Oil Company has a contract with Atlas Oil Stations that requires Atlas to buy all its oil and petroleum products from Landmark only. This is an example of a(n) ________

A) market division contract B) vertical price-fixing arrangement C) tying arrangement D) exclusive dealing contract

Business

The United Farm Workers, led by _______________________________, successfully worked with religious groups and community activities to stage nationwide grape and lettuce boycotts.

Fill in the blank(s) with the appropriate word(s).

Business

Tanika has a checking account at First Bank. Orrin steals one of her blank checks, writes a check for $250 to himself, and then forges Tanika's signature. Orrin then indorses the instrument to Paul in payment of a debt. Paul, not realizing Orrin has forged Tanika's signature, presents the instrument to First Bank for payment. At First Bank's request, Paul indorses the instrument, and the bank

then pays him $250. Which of the following is correct? A) Paul has breached the warranties on presentment. B) Orrin has breached the warranties on presentment. C) Tanika has breached the warranties on presentment. D) Paul, Orrin and Tanika have all breached the warranties on presentment.

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