The executor-administrator provision applies to promises of an executor of a decedent's estate to the decedent's creditors

a. True
b. False
Indicate whether the statement is true or false


True

Business

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In terms of a contract's enforcement, which of the following is true?

A. A contract is only considered valid if it is enforceable by both parties. B. Parties may voluntarily perform a contract that is unenforceable. C. An unenforceable contract allows at least one party the option to void his or her contract obligations. D. Void contracts are enforceable in cases involving mutual mistake.

Business

Ethnocentrism is

A) the acceptance of cultural diversity. B) belief in the superiority of one's own culture. C) a tendency toward centrally controlled communication. D) adherence to strict ethical standards. E) the use of culture-bound terminology.

Business

An electronic funds transfer system ________

A) does not include debit card transactions B) is seldom used by businesses C) transfers cash by electronic communication rather than by paper documents D) uses forms such as checks and deposit tickets to transfer cash

Business

A linear programming problem has three constraints, plus nonnegativity constraints on X and Y. The constraints are: 2X + 10Y ? 100; 4X + 6Y ? 120; 6X + 3Y ? 90

What is the largest quantity of X that can be made without violating any of these constraints? A) 50 B) 30 C) 20 D) 15 E) 10

Business