A furniture store that puts up its inventory as collateral for a loan will grant the lender a floating lien.

A promise for a charitable purpose will be enforced,despite the absence of consideration,when the promisee:

A) can demonstrate need for the promised gift.
B) relied on the promised gift.
C) can demonstrate the promisor had a moral obligation.
D) put the planned contribution in writing.

All points on the production possibility frontier are:

A) efficient.
B) inefficient.
C) infeasible.
D) regions of economic growth.

If asset prices fall and inflation expectations remain unchanged, what happens to inflation and unemployment? Defend your answer.

Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours.The total manufacturing cost assigned to Job M is closest to:

A) $10,830
B) $7,400
C) $25,730
D) $7,500

Pedregon Corporation has provided the following information: If 4,000 units are sold, the variable cost per unit sold is closest to:

A) $16.55
B) $11.60
C) $12.65
D) $14.60

Nicole is trying to solve a problem that has resulted in defective products. She has understood that the problem is due to a technical failure and has realized that it has to be corrected immediately to avoid further loss. The next step in Nicole's decision-making process after collecting all the details regarding the problem is to

A) choose a preferred course of action.
B) evaluate the implemented solution.
C) implement the decision.
D) define the problem.
E) generate and evaluate alternative solutions.

______________ is defined as manufacturing where the exploitation of resources and use of technology is consistent with future as well as present needs.

A) Sustainable manufacturing
B) Remanufacturing
C) Flexible manufacturing
D) Mass customisation
E) Lean production