Peter Drucker believed the ___________ and ______________ of everyone involved were to be respected

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

Ans: capacity and potential

Business

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With a 10% discount rate, the present value factor of $1 received 10 years from now is 0.386

The present value of a $1 annuity factor for 10 years is 6.145. Given these values, the present value of a $1,000 (par), 10-year corporate bond with a 12% coupon rate is A) $6,191.32. B) $1,586.00. C) $1,123.40. D) $1,000.50

Business

Buyer enters a paint store and tells the clerk that she needs paint that will cover and stick to a

stucco wall. The seller tells her that brand X paint will do the trick. Buyer purchases brand X paint and paints her stucco wall, but three weeks later the paint peels off. This would be a breach of which kind of warranty? A) An express warranty B) Implied warranty of fitness for a particular purpose C) Implied warranty of no infringements D) Implied warranty of merchantability

Business