Which of the following best describes a negotiable promissory note?

Which of the following best describes a negotiable promissory note?
 
  A) An order to a third party to make a payment in order to discharge an obligation of the
  promissor
  B) An unconditional promise by one party to pay money to another party
  C) A promise to pay a sum of money upon the happening of an event outside the control of
  the promissor
  D) Any promise to pay a xed amount of money
  E) Both B and C are true.

Q. 2

A Pareto diagram is a pie chart where the slices are arranged from largest to smallest in a
  counterclockwise direction.
 
  A) True B) False

Q. 3

Two chips are drawn at random and without replacement from a bag containing two blue chips
  and two red chips. Events A and B are defined as follows.
  A: Both chips are red
  B: At least one of the chips is blue
  True or False: A B = B.
 
  A) True B) False

Q. 4

Karen has a checking account at First Bank. Karen writes a check to Bonanza Apartments for her
  rent. In this situation:
 
  A) Karen is the payee, First Bank is the drawee, and Bonanza is the drawer.
  B) Karen is the drawer, First Bank is the drawee, and Bonanza is the payee.
  C) Karen is the payee, First Bank is the drawer, and Bonanza is the drawee.
  D) Karen is the maker, First Bank is the drawee, and Bonanza is the payee.
  E) Karen is the drawee, First Banks is the drawer, and Bonanza is the payee.

Q. 5

A pair of fair dice is tossed. Events A and B are defined as follows.
 
  A: The sum of the numbers on the dice is 3
  B: At least one of the dice shows a 2
  True or False: A  B = B.
  A) True B) False

Q. 6

Class relative frequencies must be used, rather than class frequencies or class percentages, when
  constructing a Pareto diagram.
 
  A) True B) False