________ are intangible and represent formulated thoughts or opinions, whereas ________ are intangible products that cannot be touched, weighed, or measured.
A. products; services
B. ideas; products
C. ideas; services
D. services; products
E. products; ideas
Answer: C
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The best example of cash equivalents would be:
a. short-term notes. b. U.S. Treasury bills. c. savings accounts. d. Certificates of deposits. e. None of the answers are correct.
Answer the following statement(s) true (T) or false (F)
1. The sole purpose of the FDIC is to provide security in the banking system by insuring each depositor’s account for up to $100,000. 2. Any commercial bank that is a member of the Federal Reserve System must also subscribe to the FDIC. 3. The NCUA is similar to the FDIC in that it insures deposits in federally chartered credit unions. 4. Ever since the Great Depression, the trend in banking has been toward more and more federal regulation. 5. The Federal Reserve System was established by the National Banking Act of 1863.
Each year, Arnold receives a stated amount of dividend from the earnings of the company he has stocks in. In a particular period, if the company skips the dividend, then Arnold will receive the accumulated amount, that is, the dividend of that period plus the amount of the dividend the company skipped in the previous period. Based on the information given in the scenario, Arnold is most likely a holder of:
A. financial bond. B. fidelity bond. C. preferred stock. D. common stock.
Abetta, Royal King, Kincade, EquiRoyal, and Amadeus are all manufacturers and marketers of Western-style saddles for horses. Thus, the manufacturers are _____ factors in each other's external environments.
A. component lifestyle B. competitive C. economic D. social E. legal and regulatory