makes and sells furniture. To avoid liability for most implied warranties, their sales agreements should

Question 1 What as a general rule makes a covenant-not-to-compete legal in an employment contract? Question 2 Which of the following is a false statement? Question 3 Great Furniture Company makes and sells furniture. To avoid liability for most implied warranties, their sales agreements should conspicuously note that their goods are sold 1. (TCO 3) Double and triple bonds form because of which of the following? (Points : 2) there is at least one hydrogen atom involved in the bond the atoms involved have high electronegativities one of the atoms in the molecule has more than eight valence electrons the ions involved have charges larger than 1 single covalent bonds do not give all of the atoms in the molecule eight valence electrons 2. (TCO 3) The octet rule indicates which of the following? (Points : 2) all of the noble gases have eight total electrons all of the shells in an atom hold a maximum of eight electrons the noble gases react with other compounds to get eight valence electrons atoms lose, gain, or share valence electrons to have eight valence electrons all of the Group A elements have eight valence electrons 3. (TCO 3) Calculate the molar mass of magnesium chloride, MgCl2. (Points : 2) 125.9 g 59.8 g 95.2 g 70.0 g 24.3 g 1. (TCO 3) A reaction that releases energy as it occurs is classified as a(n) ________. (Points : 2) catalyzed reaction exothermic reaction decomposition reaction endothermic reaction oxidation-reduction reaction 2. (TCO 3) In an oxidation-reduction reaction, the substance oxidized always does which of the following? (Points : 2) gives up hydrogen atoms takes on oxygen atoms becomes a charged species shows a gain of electrons shows a loss of electrons 3. (TCO 3) In the reaction of nitrogen gas (N2) with hydrogen gas (H2) to form ammonia gas (NH3) how many moles of hydrogen are needed to react with two moles of nitrogen? N2 + 3 H2 –> 2NH3 (Points : 2) 6 moles 10 moles 8 moles 4 moles 2 moles 1. (TCO 3) How many grams of H2 (molar mass = 2.00 g/mole) are needed to produce 1.80 g of water (molar mass = 18.0 g/mole) according to this equation? 2 H2 + O2 –> 2 H2O (Points : 2) 4.00 g 0.200 g 2.00 g 0.180 g 0.100 g 2. (TCO 3) Balance the following equation: C5H8 + ? O2 –> 5CO2 + 4H2O (Points : 10) 3. (TCO 3) The octet rule indicates which of the following? (Points : 2) all of the noble gases have eight total electrons all of the shells in an atom hold a maximum of eight electrons the noble gases react with other compounds to get eight valence electrons atoms lose, gain, or share valence electrons to have eight valence electrons all of the Group A elements have eight valence electrons 1. (TCO 8) A company keeps 20 days of materials inventory on hand to avoid shutdowns due to materials shortages. Carrying costs average $4,000 per day. A competitor keeps 10 days of inventory on hand, and the competitor’s carrying costs average $2,000 per day. The non-value-added costs for the company are (Points : 5) a. $80,000. b. $40,000. c. $20,000. d. $0. 2. (TCO 8) Unit-based product costing uses which of the following procedures (Points : 5) a overhead costs are traced to departments, then costs are traced to products. b overhead costs are traced to activities, then costs are traced to products. c overhead costs are traced directly to products. d All overhead costs are expensed as incurred.