A contract and which one party purchases the right to buy at a fixed price within a specified period is

A) a purchase agreement
B) a listing agreement
C) a lease
D) an option

Answer: D) an option

Business

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The doctrine of conscious parallelism states that if competing firms reach similar independent

judgments to not deal with a particular supplier, it will be considered evidence of a conspiracy. Indicate whether the statement is true or false

Business

Which of the following is true of a p-chart?

A) The lower control limit is found by subtracting a fraction from the average number of defects. B) The lower control limit indicates the minimum acceptable number of defects. C) The lower control limit equals D3 times p-bar. D) The lower control limit may be at zero. E) The lower control limit is the same as the lot tolerance percent defective.

Business