The running of the statute of limitations on a contract between Martha, the debtor, and Zelda, the creditor

a. extinguishes Martha's duty (the contract is void).
b. acts as an accord.
c. bars Zelda's remedy (the contract is unenforceable).
d. is unilateral performance.


c

Business

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Which of the following statements is FALSE concerning claim messages?

a. Most claims are from people who believe they have a legitimate complaint. b. The way an adjuster handles the complaint determines to a large extent the goodwill of the company. c. Complainers are less likely to continue to do business with a company than those who do not complain. d. Businesses that resolve claims effectively will retain most of the complainers as repeat customers.

Business

Onsite consultation may qualify employers for a __________ year exemption from routine Occupational Safety and Health Administration (OSHA) inspections.

A. one- B. two- C. three- D. four-

Business

[The following information applies to the questions displayed below.]Packard Company engaged in the following transactions during Year 1, its first year of operations: (Assume all transactions are cash transactions.)1) Acquired $950 cash from the issue of common stock. 2) Borrowed $420 from a bank. 3) Earned $650 of revenues. 4) Paid expenses of $250. 5) Paid a $50 dividend. During Year 2, Packard engaged in the following transactions: (Assume all transactions are cash transactions.)1) Issued an additional $325 of common stock. 2) Repaid $220 of its debt to the bank. 3) Earned revenues of $750. 4) Incurred expenses of $360. 5) Paid dividends of $100. What is the net cash inflow from operating activities that will be reported on Packard's statement of cash flows for Year 1?

A. $400 B. $350 C. $820 D. $650

Business

Which one of the following is NOT a characteristic of a Model C or M/D/1 system?

A) single server B) single phase C) Poisson arrival rate pattern D) exponential service time pattern E) unlimited population size

Business