To be effective, a gift causa mortismust meet only two requirements: intent and acceptance
Indicate whether the statement is true or false
F
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Suppose a simple random sample of five hospitals is to be drawn from a population of 20 hospitals. There are 15,504 different samples of size 5 that can be drawn
The relative frequency distribution of the values of the mean of these 15,504 different samples would specify the ________ of the mean. A) sampling distribution B) normal distribution C) confidence interval D) confidence level
Recording employee payroll deductions may involve:
A. Liabilities to federal and state governments. B. Expenses for the gross wages and salaries. C. Expenses for state unemployment. D. Liabilities to the employer. E. Expenses for the employer portion of any medical insurance.
An American manufacturer has been asked to provide construction equipment to a foreign government. The contract is for a sizable amount, so the manufacturer wants to protect itself should the foreign government refuse to pay for the equipment once it has been delivered. What should the American manufacturer insist upon having if it wants to protect its right to sue the government in the event it
does not pay for the goods? A)a release of sovereignty B)a statement of extraterritoriality C)a waiver of immunity D)a submission of arbitration to the ICA
In Hinson v. N&W Construction, where Hinson submitted the low bid to N&W for plumbing work to be part of a larger construction project by N&W, but then refused to do the work when construction was started by N&W, the court held that Hinson:
a. could not be relied upon by N&W because he was not licensed for such work b. was not liable because there was no consideration paid by N&W to create a contract c. was liable for damages based on a theory of promissory estoppel, not breach of contract d. was not liable because there was not a contract due to lack of proper acceptance by N&W e. none of the other choices