For insiders, the period for preferential transfers is extended to one year
Indicate whether the statement is true or false
TRUE
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If a product is price elastic, should a seller consider lowering its price? Explain
What will be an ideal response?
Mike deposited $100,000 in a bank and procured a certificate of deposit on it, payable to himself, for repayment in five years with a five percent interest rate
A year after that, Mike borrowed $25,000 from Jill, and gave her a promissory note to repay it in one year. As collateral, Mike gave Jill the certificate of deposit and asked to put in a prepayment clause, to which Jill agreed. They agreed that Mike could repay in monthly payments, as mentioned in the note. If Mike defaults on the payment even after one year, which of the following is true of the foreclosure options Jill has with the certificate of deposit Mike gave her? A) The bank has to pay her only after the five-year period mentioned in the CD. B) The bank does not have to pay her for the CD. C) The bank has to pay her the difference of $75,000. D) The bank has to pay her $25,000 with one year interest of 5 percent on demand.
For years, fryer chickens sold in grocery stores were perceived to be a rather generic product--one brand of chicken was much like another. Then Frank Perdue began an advertising campaign to tell consumers his brand of chicken was more tender and a better choice. Perdue brought _____ to the marketing of fryer chickens.
A. perceptual mapping B. product differentiation C. psychographic targeting D. market innovation E. cannibalization
According to the textbook, definitions of corporate social responsibliity are currently
a. highly idiosyncratic. b. coalescing around the concept of strategic CSR. c. less confusing than they were 10 years ago. d. differ more across countries and cultures than within countries and cultures.