How much is a basis point?
A. 1.0%
B. 0.1%
C. 0.01%
D. 0.001%
C
A basis point is 0.01%.
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________ features are features expected for products in that category
A) Premium B) Blockbuster C) Technology D) Parity
Kaizen is the Japanese term for continuous improvement
Indicate whether the statement is true or false
A principal is always directly responsible for an agent's misrepresentation made within the scope of the agent's authority
Indicate whether the statement is true or false
Sara Sou is "bearish" and is of the opinion that the price of Muggle Company stock will drop within a few weeks; Stefan Gordon is "bullish" and thinks the price will go up. Sara sells her 1,000 shares of Muggle Co stock to Stefan for $100 a share. If, within a few weeks, the price of a share of Muggle Co stock
a. does not change, both Sara and Stefan can legally rescind because of their mutual mistake as to the value of the stock. b. drops sharply to $1, Stefan alone can rescind because of Sara's fraud. c. rises sharply to $200 a share, Stefan can rescind because of his unilateral mistake d. None of the above is correct. Different expectations of the future value of a good (e.g., the Muggle Co. stock) do not affect the validity of a contract for its sale.