Under which of the following situations will the average outgoing quality (AOQ) decrease?
A) The true percentage defective of the lot increases.
B) The number of items in the sample decreases.
C) The number of items in the lot decreases.
D) The probability of accepting the lot for a given sample size and quantity defective increases.
E) The difference between the number of items in the lot and the number of items in the sample increases.
C
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Ruby Dean, a fashion designer ordered 100 bales of cotton from Gemini Distributors, a noted textile dealer
Prior to agreeing upon the purchase price and the other terms of the sale, Ruby visited Gemini's warehouse and inspected the cotton but failed to notice a defect in the material that would make it unusable. Upon delivery of the cotton, Ruby noticed the defect and refused to accept and pay for the goods. Which of the following statements is TRUE? A) Gemini has breached a condition of the contract. B) Having taking advantage of the opportunity to inspect the goods, Ruby must pay for the goods. C) Ruby can legally refuse to accept and pay for the goods as Gemini had a duty to supply useable goods. D) Ruby can cancel the contract owing to the defect in the goods. E) Gemini has breached a warranty of the contract.
Describe your short-term investments and how they affect your personal budget, income statement, and balance sheet in terms of return and liquidity
What will be an ideal response?