The right to petition for bankruptcy relief under federal law is an essential aspect of our capitalistic society

Indicate whether the statement is true or false


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Business

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A yea-saying pattern may be evident on one respondent in the form of all "yes" or "strongly agree" answers

Indicate whether the statement is true or false

Business

On March 12, Klein Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,500. Klein uses the perpetual inventory system and the gross method of accounting for sales. On March 15, Babson returns some of the merchandise. The selling price of the merchandise is $600 and the cost of the merchandise returned is $350. Babson pays the invoice on March 20, and takes the appropriate discount. The amount that Klein receives from Babson on March 20 is:

A. $7,800. B. $7,644. C. $7,056. D. $7,044. E. $7,200.

Business

United Company replaces Vera, a forty-five-year-old employee, with Wendy. Vera files a suit against United under the Age Discrimination in Employment Act of 1967. To establish a prima facie case, Vera must show, among other things, that she is

A. deserving of higher pay than Wendy. B. generally more dependable than Wendy. C. older than Wendy. D. qualified for the position.

Business

Pleasant Valley Dairy agrees to sell a certain quantity of ice cream to Coffee & Dessert Caterers, but their contract does not specify the address at which the goods are to be delivered. If the parties fail to specify the address before the delivery date? A)?Pleasant Valley Dairy is excused for any resulting delay

B)?Pleasant Valley Dairy is liable for any resulting delay. C)?the time for delivery is extended with a price adjustment for the delay. D)?the contract is canceled.

Business