The production for a new product follows:
Month Units
1 4
2 5
3 6
4 7
The first unit will take 2,000 hours to produce and the learning rate is 90 percent.
Currently, the company employs 40 workers, who each work 200 hours regular time per month. In which months will overtime be needed for the production schedule shown? Refer to the copy of Table I.1 appended to this exam.
A) month 4 only
B) months 3 and 4 only
C) months 1 and 2 only
D) month 1 only
B
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Fay, 17, ordered a pair of skis on the installment plan. She paid $20 every month until she turned 18, the age of majority. The next day, she sold them to Sharon and disaffirmed the contract. What is the result?
a. Fay is still liable since she should have disaffirmed before her 18th birthday. b. Fay is still liable because she used the skis. c. Fay is not liable because skis are not necessaries. d. Fay is still liable because selling the skis amounts to ratification.