If Joe Doe invests $40,000 in franchise and is able to generate $20,000 a year in benefits for 8
years, the following holds true:
A) The 20,000 received in year 8 is worth more than the 20,000 received in year 4.
B) The 20,000 received in year 2 is worth more than the 20,000 received in year 5.
C) The 20,000 received in year 1 is worth less than the 20,000 received in year 3.
D) None of the above.
B
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Under the Revised Secured Transactions Article of the UCC, which of the following requirements is necessary to have a security interest attach?
Debtor had rights in the collateral Proper filing of a security agreement Value given by the creditor A. Yes, Yes, Yes B. Yes, Yes, No C. Yes, No, Yes D. No, Yes, Yes
A manager who is conducting a time study now needs an accuracy of ±0.1 minutes, rather than ±0.2 minutes as in the past. Because of this change in accuracy, the new required sample size becomes:
A) one-fourth as large. B) one-half as large. C) twice as large. D) four times as large. E) one-tenth larger.