The perfect tender rule requires that the seller's tender of performance must conform exactly to the contract unless:

A) it is not the seller's fault that her performance does not conform.
B) the seller and buyer agree that the seller can cure the defect.
C) at least a commercial unit of the goods conform.
D) the contract falls under the Uniform Commercial Code.

The theory of comparative advantage is a powerful argument for protectionism.

The Equal Credit Opportunity Act allows creditors to deny credit on the basis of whether the applicant receives public assistance benefits.

Suppose that the U.S. spot rate on the Canadian dollar is C$.93. The risk-free nominal rate in the U.S. is 5 % while it is only 4 % in Canada. Which one of the following three-year forward rates best establishes the approximate interest rate parity condition?

A) C$.8820
B) C$.9024
C) C$.9192
D) C$.9216
E) C$.9309

What is the unit product cost for the month under variable costing?

A) $69 per unit
B) $65 per unit
C) $85 per unit
D) $81 per unit

An organization wants to use a qualitative demand forecasting method.Which of the following is a qualitative method?

A) trend analysis
B) nominal group technique
C) HR budget
D) staffing table