Benchmarking is a continuous, systematic procedure that measures a firm's products, services, and processes against those of industry leaders

Interest on a $100,000 note at 4% for 45 days is $493. (Use a 360 day year. Round your answer to the nearest dollar.)

Indicate whether the statement is true or false

The statute that requires that certain contracts be in writing to be enforceable is the Statute of __________________.

a. Limitations b. Repose c. Frauds d. Purposes