Dandy Lyin' Furniture Store borrows $100,000 at 6 percent interest from Easy Loan Company and signs a promissory note for that amount. Easy changes the amount of the note to $120,000 and increases the rate to 8 percent. Easy materially altered the note when it changed
A. neither the amount nor the interest rate
B. the amount and the interest rate.
C. the amount only.
D. the interest rate only.
Answer: B
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Mildred desires to have $7,049 on deposit five years from today. If she has $4,000 to deposit, what rate of interest, compounded annually, must be obtained to accumulate the desired $7,049 in five years?
A) 12% B) 10% C) 9% D) 8%
A service firm communicating exactly what the customer can expect and what will happen if the company does not deliver on its promises will eliminate the gap between ________
A) established quality standards and service delivery B) established delivery standards and management perceptions C) service quality standards and consumer expectations D) consumer expectations and management perceptions E) needed service and expected service
Describe three common problems in performance appraisals.
What will be an ideal response?
Floyd Electric is fabricating flanges for a new electrical motor
The flange is to be 25 millimeters in diameter with an upper tolerance limit of 26.5 millimeters and a lower tolerance limit of 23.5 millimeters. Bill Floyd took a sample consisting of ten flanges, measured the diameter and recorded the observations in the table. 25.69 25.58 24.78 24.94 24.87 24.63 25.70 25.52 24.95 24.91 What is Floyd Electric's process capability? What will be an ideal response?