Mike sold his car to Beth, who was to pick the car up at Mike's house by 12:00 noon on September 1 . Mike was at his house waiting for Beth but she was late. In fact, when Beth arrived she discovered Mike's home and the car destroyed by a fire that started at 1:00 p.m. The risk of loss falls on:
a. Mike because Beth had not taken possession of the car.
b. Beth because Mike was ready, willing, and able to tender the car at 12:00 noon.
c. Beth because under the UCC, the buyer bears the risk of loss.
d. Mike, as he had possession of the car.
b
Business
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__________involves determining the recognized need, buying power, and receptivity and accessibility of a sales prospect
Fill in the blanks with correct word.
Business
A multiple regression analysis includes 25 data points and 4 independent variables results in SST = 200 and SSR = 150 . The multiple standard error of estimate will be:
a. 1.333. b. 6.124. c. 2.500. d. 1.581.
Business