A party to a sales contract who is afraid that the other party will not perform may seek some form of:
A) bailment
B) security.
C) assurances.
D) assignment.
C
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The degrees of freedom for the t statistic to test hypotheses about one mean are ________
A) n B) n - 1 C) n1 + n2 D) n1 +n2 - 2
Proponents of the direct method prepare it by:
a. adding and subtracting some adjustments from net income. b. adding and subtracting cash flows from investing and financing activities. c. adjusting each line on the income statement to produce a cash-flow income statement. d. recording only cash transactions in the journal. e. None of the answers are correct.
In most large organizations, several people are responsible for making a purchase decision. This group is called the
A. decider group. B. buying center. C. reselling team. D. expediters. E. supply chain.
Tom is a habitual shopper at garage sales. Last Saturday he stopped at one where there were several types of used building materials for sale
At the low prices being asked, Tom knew that he could resell the items in another town for a substantial gain. Four things stood in his way: he could only make one round trip to resell the goods; his pickup truck bed would hold only 1000 pounds; the pickup truck bed could hold at most 70 cubic feet of merchandise; and he had only $200 cash with him. He wants to load his truck with the mix of materials that will yield the greatest profit when he resells them. Item Cubic feet per unit Price per unit Weight per unit Can resell for 2 × 4 studs 1 $0.10 5 pounds $0.80 4 × 8 plywood 3 $0.50 20 pounds $3.00 Concrete blocks 0.5 $0.25 10 pounds $0.75 Formulate this problem as a linear program.