Mello Coffee Shops, Inc., sells a franchise to Noah's Arch, a café. Mello is

A. a franchisee.
B. a franchisor.
C. an agent.
D. a principal.


Answer: B

Business

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Indicate whether the statement is true or false

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Monica paid $12 for a music CD for which she later was offered $15. After that someone offered her $18 for the CD. If Monica keeps the CD, the amount of her opportunity cost is $33.

Answer the following statement true (T) or false (F)

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Time limits provided by instructors, bosses, and those who have invited you to speak ______.

a. should be seen as suggestions b. are estimates c. can be met with proper planning d. are likely to be changed

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A sight draft that arises when a seller extends credit to a buyer with the sale of goods is known as a ________

A) check B) time draft C) trade acceptance D) demand draft

Business