Value -based systems are information systems that provide customer- related, activity -based information

Indicate whether the statement is true or false

True

Business

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When Gary went into Computer Heaven, Ltd. to get a better manual for the program he was trying to master, he was caught by a demonstration of a computer created by StarSystem Inc. He was fascinated by its performance. The salesman, Ross, told Gary that he should have this machine; that "it was the last computer, no other will ever be better"; that "UBC, Simon Fraser University, and BCIT just ordered over 1000 of them"; that he only had "a few left and the demand is so great it will take almost a year for the next shipment to arrive." When Gary said he needed a computer with at least 1 terabyte of hard drive space, Ross said this model had 2.5 terabytes. Gary was persuaded and contracted for it. Later Gary learned that every statement made by the salesman Ross was untrue, including the

statement about the memory capacity. The model only had 400 gigabytes. On these facts, which of the following is true? A) Gary could be awarded the equitable remedy of rescission even if Ross, the salesman, honestly believed everything he said was true. B) Only if Ross, the salesman, knew that all the statements he made were false could Gary get a remedy. C) Merely the exaggerated claim "it was the last computer, no other will ever be better" is enough, according to the case law, to allow Gary to get out of the contract. D) Statements that induced Gary to contract, but that are not the terms of the contract, are not significant enough for the courts to award a remedy by case law or by statute. E) Such misrepresentations could only result in contractual remedies, legal or equitable, but not in tort remedies.

Business

Which one of the following statements represents an advantage of the P system over the Q system?

A) Less safety stock is carried to achieve the same service level. B) The replenishment intervals can be more easily individualized for items. C) Orders can be more easily combined to the same supplier. D) A P system is more suitable for quantity discounts and capacity limitations.

Business