Drexel University

BILATERAL CONTRACT - correct answers agreement under which one promise is given in exchange for another CONTRACT - correct answers a binding agreement based on the genuine assert of the parties made for a lawful object, between competent parties in the form required by law, and generally supported by consideration CONTRACT UNDER SEAL - correct answers contract executed by affixing a seal or making an impression on the paper or on some adhering substance such as wax attached to the document...

The reasonable man theory - correct answers what should a reasonable person do? Plaintiff - correct answers person who sues Defendant - correct answers defending the crime negligence - correct answers lack of ordinary care under the circumstances Adjectives modifying a contract - correct answers Valid, Voidable, Void, Unenforceable Valid - correct answers when everything in a contract is there Voidable - correct answers some rule or law that allows parties to get out or dissafi...

Executed Contract - correct answers Contract that has been fully performed by both parties Executory Contract - correct answers Either party still has something to do to complete the contract Valid - correct answers Contract which is binding and enforceable Voidable - correct answers Contract is able to be cancelled under certain circumstances by law Void - correct answers Agreement that was never enforceable from the beginning (ex. party was legally mentally incapacitated) Bilate...

4 important things to know about business analytics - correct answers Data is everywhere, there is always a solution, following a process to determine the solution always works, and finding that process can be one of the biggest challenges. Business analytics is the use of: - correct answers data, information technology, statistical analysis, quantitative methods, and mathematical/computer based models Business analytics is used to: - correct answers help manager gain improved insight abou...

Statistics - correct answers Statistics is the science of collecting, organizing, summarizing, and analyzing information to draw a conclusion and answer questions. In addition, statistics is about providing a measure of confidence in any conclusions. Descriptive - correct answers Statistics consists of organizing and summarizing information collected. Inferential - correct answers Statistics uses methods that generalize results obtained from a sample to the population and measure the relia...

Business analytics - correct answers The collection, analyzing, and application of data to generate business knowledge; found in sales, operations, accounting, marketing, etc. Impacts of analytics - correct answers Benefits: reduced costs, faster decisions, better productivity Challenges: Competing business priorities, insufficient analytical skills, lack of understand how to use analytics Types of analytics - correct answers descriptive: gives general idea and helps to identify trends; p...

3rd quartile - correct answers For a numerical variable, _________ measures the value such that 25% of the observed values are above and 75% of observed values are below it. negatively - correct answers Assume that in a company, a few employees are very young (e.g., age between 19- 23), and the majority of employees are in their 50s. In this example, age of the employees is ___________ skewed. drill up - correct answers When querying a dimensional database, a user goes from detailed data (...

Which term involves the analysis of markets to identify opportunities and challenges? - correct answers Marketing research What was the result of the Civil Rights Act of 1991? - correct answers It allows victims of discrimination to seek punitive damages. Salespeople often are paid a __________ based on a percentage of their sales. - correct answers Revenue commission A production process characterized by long production runs to turn out finished goods over time is known as a(n) - corre...

__ functions enable evaluation and choices to be integrated into an excel spreadsheet a) logical b) comparison c) decision 4) conditional - correct answers logical Which of the following is NOT a common logical function? COUNT IF NOT OR - correct answers count Data that is manually calculated is known as __ data GENERATED RETRIEVED STATIC DYNAMIC - correct answers STATIC All of the following

Math 101 Exam 2 Drexel All Correct (A+ Graded)