Environmental laws imposed by the government may at times create new business opportunities
Indicate whether the statement is true or false
TRUE
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Wayne agrees over the phone to sell L.J. Cartwright 1,000 yards of 1-inch diameter rope. Wayne honestly believes that L.J. Cartwright offered to pay $1.00 per yard whereas L.J.Cartwright actually offered to pay 75 cents per yard. If the parties subsequently take their dispute to court, the fact that L.J.Cartwright admits on the stand that he offered to pay Wayne 75 cents per yard will:
a. prevent L.J.Cartwright from using the statute of frauds to nullify the contract. b. create an unconscionable contract. c. make it possible for Wayne to enforce the contract to sell 1,000 yards of rope at a price of 75 cents per yard. d. Both a and c are correct.
One of several ratios that reflects solvency includes the:
A. Total asset turnover. B. Times interest earned ratio. C. Acid-test ratio. D. Days' sales in inventory. E. Current ratio.
Two modules are used to feed the final assembly station on an assembly line. The final assembly station must produce 250 units in an eight-hour day
Each finished unit needs two module A's and 3 module B's. The factory uses a standard sized container that can hold 25 module A's or 35 module B's. It takes 2 hours to fill and move a container of module A's, but only 90 minutes to fill and move a container of module B's. If both module assembly processes have safety factors of 15%, how many containers should be used for each? How many hours of demand will this satisfy? What will be an ideal response?
Going to the DogsDemand for pet services is greatly increasing across the United States. In fact, Americans will spend nearly $44 billion dollars on their pets this year. Many American dog owners are seeking out "doggy daycares" that are more like a resort or spa than an ordinary kennel for their canine companion. Daycare services for dogs now include toy rooms, outside play areas, doggie massages, treadmills, swimming pools and cushy beds for nap time. Pet owners can watch their pets via a Web cam and some doggy daycares have a phone where owners can talk to their dog when they feel their pet needs to hear their voice. Rates vary from $20 to $45 a day per pet, depending on the amenities that the pet owner chooses.Refer to Going to the Dogs. The doggy daycare center is more like a dog
resort than a dog kennel. A dog daycare represents what type of new product? A. competitive innovation B. discontinuous innovation C. new product lines D. revision to an existing product E. higher-priced product