Once a firm has carefully studied all of the vendors, bids have been considered, and the vendor audit has been conducted, the next step in the business-to-business buying process is:

The brokerage is allowed to keep no more than $100 of the firm's money in a trust account.

a. true b. false

The weather is becoming important to you since you would like to go on a picnic today. If it was sunny yesterday, there is a 70% chance it will be sunny today. If it was raining yesterday, there is a 30% chance it will be sunny today

If the probability that it was raining yesterday is 0.25, what is the probability that it will rain today? A) 0.1 B) 0.3 C) 0.4 D) 0.7 E) None of the above