A firm sells its accounts receivable to a factor at a 5% discount. If the average collection period is 1 month, determine the effective annual rate of interest on the factoring.

Emma really enjoys her Organizational Behavior professor, Dr. Laird. When it comes time for student evaluations of professors' performance, Emma rates Dr. Laird high on the category "provides feedback in a timely manner", even though Dr. Laird took weeks to give feedback on tests and assignments - sometimes providing no feedback at all. This is an example of which of the following perceptual biases?

a. Horns effect b. Recency effect c. Contrast effect d. Halo effect

As a part of intensive distribution, dealers are expected to refrain from selling the products of the producers' competitors

Indicate whether the statement is true or false