Any oral or written words outside the four corners of the written contract are called parol evidence
Indicate whether the statement is true or false
TRUE
Business
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A check involves three parties. The bank in which the drawer has money on deposit is called the
a. payer; b. drawer; c. payee; d. drawee; e. endorser
Business
Overhauling a company's cooling system is an example of an extraordinary repair
Indicate whether the statement is true or false
Business
Which one of the following is NOT a layout tactic in a JIT environment?
A) work cells for families of products B) fixed equipment C) minimizing distance D) little space for inventory E) poka-yoke devices
Business
A firm has an average age of inventory of 60 days, an average collection period of 45 days, and an average payment period of 30 days. The firm's operating cycle is ________ days
A) 75 B) 105 C) 90 D) 135
Business