In the Case in the Text Marion T V

question 49

Multiple Choice

In the case in the text Marion T v.Northwest Metals Processors,what was the court's holding?

• A)Reed was not personally liable for the dishonored checks although he did not indicate his representative capacity.
• B)Reed was personally liable for the dishonored checks because he did not indicate his representative capacity.
• C)Reed was personally liable for the dishonored checks because he knew the account did not have sufficient funds.
• D)Reed was not personally liable for the dishonored checks because he signed the checks as a representative of the corporation.

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Definitions:

Third Quartile

The value below which 75% of the data fall, often represented as Q3 in statistics.

First Quartile

The 25th percentile of a data set, below which lies 25% of the data.

Skewness

A measure of the shape of a data distribution. Data skewed to the left result in negative skewness; a symmetric data distribution results in zero skewness; and data skewed to the right result in positive skewness.

Skewed Right

A distribution of data where most values are concentrated on the left side, with the tail extending to the right.