A contract is a(n) ______ if it arises from the actions rather than the expressions of the parties

a. explicit contract
b. implied contract c. express contract d. real contract
e. active contract


b

Business

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Which of the following control activities requires that employees take vacations?

a. Separation of duties b. Physical controls c. Periodic independent verification d. Sound personnel procedures

Business

A company has successfully implemented lean practices in their three station process. The stations are, in order, Station A, Station B, and Station C and product moves from A to B to C smoothly

One day, the equipment at Station B experiences catastrophic failure. What happens and what is the appropriate response for a lean-thinking company? A) Continue producing at Station C and restore capacity at Station B. B) Continue producing at Station A and restore capacity at Station B. C) Continue producing at Station A and C and restore capacity at Station B. D) Everything stops and attention is focused on restoring capacity at Station B.

Business

The corporation is domiciled in the state in which

A. it transacts the majority of its business. B. it holds its meetings of the board of directors. C. the corporation’s articles of incorporation are filed. D. the corporation’s principal office is located.

Business

The ________ phase involves putting a recommended solution to work, not necessarily implementing a computer system

Fill in the blanks with correct word

Business