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exam3.answerkey.323 - ANSWER KEY NAME Exam3...

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ANSWER KEY      NAME _____________________ Exam 3 LEB 323 & 320F (9:30) Fall 2008 Jamie Peterson This exam consists of 2 parts, 13 True/False questions and 12 Multiple Choice  questions. Each question is worth 3 points. Be sure to transfer your answers to your  Scantron answer sheet.  I will only grade your Scantron . You have until the end of class to finish this exam. Be sure to watch the clock and pace  yourself. I will announce when there are 15 minutes remaining.  Be sure to put your name on this test and name and test version  on your  Scantron . Both this exam and your Scantron must be turned in at the end of the exam  or I will not accept your exam and the percentage allotted to this exam will be assigned  to the final exam.   Keep your eyes on your own test at all times.  UT Honor Code: The core values of The University of Texas at Austin are learning,  discovery, freedom, leadership, individual opportunity, and responsibility. Each member  of the university is expected to uphold these values through integrity, honesty, trust,  fairness, and respect toward peers and community. - 1 -
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ANSWER KEY True or False – Mark “A” on your Scantron if the answer is true and “B” if it’s  false. 1-3-13. Victor was at home one day when a Kirby vacuum salesman knocked on his  door. He invited the salesman in and sat through a 1-hour presentation about Kirby  vacuums. Victor told the salesman that he needed a chance to think about it and invited  him to come back the next week at the same time. The salesman came back at the  agreed-upon time and Victor purchased a vacuum on a payment plant. The next day,  Victor decided he couldn’t afford the vacuum and tried to cancel the contract. Absent any  fraudulent, illegal, or any other type of questionable behavior by the salesman, Victor will  be stuck in the contract.  TRUE  2-13-4. Nike has decided to increase revenues by holding a contest. To have a shot at  winning a person must purchase a Nike-brand product, go to Nike’s website, and enter  in the item’s barcode number, along with a receipt identification number, which is printed  at the bottom of each receipt. The Nike computer system then randomly selects winners  and notifies them by email. Thousands of people have participated in the contest and  several hundred have won prizes including small & large cash awards, Nike-brand gear,  and a variety of vacations. This is a legal contest.   FALSE 3-11-9. Orville hires Walter to wash the windows at a business complex for the next  year. The price of the window-washing services will be $1500. This contract must be in 
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