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problem1: A frugal shopper checks the prices of the same name-brand microwave oven at six different department stores and discovers the following sale prices:

Store #1

$81

Store #2

$87

Store #3

$83

Store #4

$80

Store #5

$86

Store #6

$96

Determine the median price of the values given above?

[A] $85.50

[B] $86

[C] $83

[D] $84.50

problem2. Joe Hiker visited the "Hike 'til You Drop" shoe store to buy warm and sturdy, yet lightweight, hiking boots to wear during his three-month hike across the Chilean Andes. After informing the store clerk about his planned trek, the clerk recommends a pair of "Polar Pillow" hiking boots. Joe asks the clerk of he is certain that the boots will perform under the harsh conditions, to which the clerk replied, "I'd bet my toes on it!" Halfway through Joe's journey, the boots fell apart. Joe is forced to return home early, with badly injured and frostbitten feet. Joe may recover damages under which of the following warranties:

[A] Express warranty

[B] Implied warranty of merchantability

[C] Implied warranty of fitness for particular purpose

[D] Both a and c

problem3: "We make business easier around the world by providing excellent customer service" is an ex of a statement you are most likely to find in an organization's:

[A] Strategic goals

[B] Tactical plans

[C] Force-field analysis

[D] Mission statement

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M918843

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