Tom's bank is threatening to repossess his car. Tom's mother notifies the bank that she promises to pay the bank if Tom defaults on the loan. This promise must be in writing or have a sufficient electronic record to be enforceable

a. True
b. False
Indicate whether the statement is true or false

True

Business

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Which of the following describes the main disadvantage of a focus group?

A) The small sample size makes it inaccurate for projection purposes. B) Focus groups is a very expensive research method. C) Focus groups is a very time consuming research method. D) It is difficult to effectively convey a concept during a focus group discussion.

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Consider the following two-person game. The payoff for X is given in the table. X will always play strategy

Y1 Y2 X1 4 6 X2 1 -3 A) X1. B) X2. C) Y1. D) Y2. E) Not enough information given

Business