In Your Face Inc manufactures mirrors, and sold an order to a retailer, The Glass Company ("TGC"), on 90 days credit. There are no other terms mentioned. The order was delivered. TGC did not pay, and has been selling the mirrors
Which of the following is TRUE?
A) In Your Face is entitled to repossess the mirrors immediately because TGC has broken a condition of the agreement by not paying.
B) In Your Face is entitled to repossess the mirrors immediately because TGC has broken a warranty of the agreement by not paying.
C) In Your Face is entitled to repossess the mirrors immediately because TGC has broken a term of the agreement.
D) In Your Face is not entitled to repossess the mirrors.
E) In Your Face is entitled to rescind the contract.
D
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Both the Code and the Restatement provide that, unless the offer or circumstances indicate otherwise, an authorized means of accepting an offer is any reasonable means of communication
Indicate whether the statement is true or false
Which of the following is a feature of human capital?
A) It represents the knowledge that a company's customers have about its products. B) It refers to the knowledge stored as documentation about patents, contracts, and policies. C) It consists of competencies and knowledge possessed by an organization's employees. D) It refers to the number and quality of all the relationships an organization's employees maintain.
In a regression analysis of a first-order model involving 3 predictor variables and 25 observations, the following estimated regression equation was developed.
?
= 12 - 18x1 + 4x2 + 15x3
?
Also, the following standard errors and the sum of squares were obtained.
sb1 = 3sb2 = 6sb3 = 7SST = 4900SSE = 1296
At the .01 level of significance, the coefficient of x3
A. is significant. B. is not found to be significant. C. cannot be tested, because not enough information is provided. D. should be estimated again, because it is incorrect in the above equation.
Executive management at Ballard Books is very optimistic about the chain's ability to achieve significant increases in sales in each of the next five years. The company will most benefit if management creates a:
A. low operating leverage cost structure. B. high operating leverage cost structure. C. no operating leverage cost structure. D. medium operating leverage cost structure.