A seller's or lessor's statement of opinion of the goods does not create an express warranty

Indicate whether the statement is true or false

TRUE

Business

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Tangshan Mining borrowed $100,000 for one year under a line of credit with a stated interest rate of 7.5 percent and a 15 percent compensating balance

Normally, the firm keeps almost no money in its checking account. Based on this information, the effective annual interest rate on the loan is ________. A) 7.5% B) 8.0% C) 8.8% D) 7.2%

Business

802.11a is newer than the 802.11b standard

Indicate whether the statement is true or false

Business