Which case does not represent a purchase money security interest?
a. Auto dealer sells consumer a car on credit.
b. Wholesaler sells retailer 5,000 pounds of candy on credit.
c. Bank lends money to Retailer, using Retailer's existing inventory as collateral.
d. Bank lends money to auto dealer to purchase 150 new cars, which are the collateral.
e. Consumer applies to credit agency for loan with which to buy a yacht.
.C
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Which of the following employment messages would most appropriately be written using an inductive approach?
a. A letter of application that accompanies your résumé b. A thank-you message written after your interview c. A job refusal letter written to decline a job offer d. None of the above would use an inductive approach
Which of the following statements about endowment insurance policies is (are) true?
I. The face amount is paid if the insured dies during the policy period or at the end of the policy period if the insured is still alive. II. The use of endowment insurance has increased in recent years because of its favorable tax treatment. A) I only B) II only C) both I and II D) neither I nor II
Division S of Kracker Company makes a part that it sells to other companies. Data on that part appear below: Selling price on the intermediate market$30per unitVariable costs per unit$22per unitFixed costs per unit (based on capacity)$7per unitCapacity in units 50,000units?Division B, another division of Kracker Company, presently is purchasing 10,000 units of a similar product each period from an outside supplier for $28 per unit, but would like to begin purchasing from Division S.?Suppose that Division S can sell all that it can produce to outside customers. If Division S sells to Division B at a price of $28 per unit, the company as a whole will be:
A. better off by $20,000 each period. B. worse off by $70,000 each period. C. worse off by $20,000 each period. D. worse off by $80,000 each period.
A Type II error is the probability of failing to reject a ____________________. It is represented by the Greek letter ____________________
Indicate whether the statement is true or false