Which of the following statements are true about flow manufacturing?

I. Work stations are located in the sequence needed to make the product.
II. Work flows at a relatively constant rate.
III. They can produce a wide variety of different products.
IV. There is little buildup of inventory.
A) I, III and IV are true.
B) I, II and IV are true.
C) II, III and IV are true.
D) I, II, III and IV are true.
E) I, II and III are true.

B

Business

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Intercity bus travel _______.

Fill in the blank(s) with the appropriate word(s).

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In which of the following instances would the court most likely hold the contract to be void on the basis of a mistake?

A) Barry and Mary contracted for the sale and purchase of a boat for the price of $1200. When the contract was written up, the price was incorrectly stated as $1700. B) Two parties contracted for a shipload of fish, but unknown to both parties, at the time of the contract the ship had sunk and the fish had been lost. C) Carson and Leno had a serious misunderstanding about a term in the contract and the court found that the more reasonable interpretation was that of Leno. D) Sarah bought three rolls of wallpaper, but found she had made a mistake, since two would have been sufficient. E) Although the seller said nothing to the buyer about the characteristics of the answering machine, the buyer bought it, thinking that it would tell him the date and time of the call. Later, he learned that it did not perform this function.

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