Requirements for a memorandum that satisfies the statute of frauds include that the writing:

A) must be a single document.
B) must exist at the time of the litigation.
C) needs to be notarized.
D) None of these.


D

Business

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The Walker Department Store had net credit sales of $8,000,000 and cost of goods sold of $6,000,000 for the year. The average inventory for the year amounted to $2,000,000. The inventory turnover ratio for the year is

A) 4 times B) 7 times C) 3 times D) 2 times

Business

Which of the following objectives is FALSE concerning the conducting of secondary research?

a. It establishes a base for further research. b. It reveals areas of needed research. c. It often eliminates the need for primary research. d. It avoids needless duplication of research efforts.

Business

Under the Fair Credit Reporting Act, a consumer has the right to have inaccurate information removed from his consumer credit report

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

Business

Which of the following is a discrete random variable?

a. The Dow Jones Industrial average. b. The volume of water in Michigan Lakes. c. The time it takes you to drive to school. d. The number of employees of a soft drink company.

Business