Despite the failures of individual companies and initiatives, the total volume of EC has been growing each year

Indicate whether the statement is true or false


TRUE

Business

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On January 1, SaLow Company enters into a contract to provide custom-made equipment to ByHi Corporation for $100,000. The contract terms allow cancellation without penalty by either party at any time prior to delivery of the goods. The contract specifies a delivery date of March 15 but the equipment was not delivered until April 10. The contract required full payment within 30 days after

delivery. When should revenue be recognized for this contract? A) Never, because it includes a termination agreement. B) March 15 C) April 10 D) May 10

Business

Which statement is not true about correlation matrices?

A) Usually only the lower portion of the matrix is considered. B) The diagonal elements all equal 0. C) A correlation matrix indicates the coefficient of correlation between each pair of variables. D) The upper triangular portion of the matrix is a mirror image of the lower triangular portion.

Business

Stereotyping, symbols, semantics, peer groups, and the media cannot influence personal biases; people are born with them

Indicate whether the statement is true or false

Business

The exception to the Statute of Frauds which allows an oral contract for the transfer of land to be

enforced, if the buyer has either paid for the land or taken possession of the land, is called the ________ exception. A) Promissory estoppel B) Part performance C) Equal dignity D) Parol evidence

Business