Mandy Bush decides to start a residential landscaping business. How would this business most likely be classified?
A. Manufacturing business
B. Marketing intermediary
C. Service business
D. Corporation
E. Nonprofit organization
Answer: C
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Read the information about Moore Industries. If the company's revenues were $500,000 for the year ended December 31, 2016, how much were total expenses?
a. $160,000 b. $260,000 c. $640,000 d. $740,000
Autumn calls the most reputable plumber in the community to repair the faucet in her kitchen. She pays the plumber for his work. However, the next day, Autumn sees the faucet leaking again and is stunned to see the repair was done with a strip of duct tape. This reaction from Autumn can be attributed to a(n)
A. services cape. B. faulty service agreement. C. procedural fairness. D. service gap. E. motivational guide.
The payback period typically ignores the time value of money
Indicate whether the statement is true or false
Which of the following contracts would be void due to duress?
A) Mikhail wants Ivana to sign a contract for the sale of her apartment. He tells her that if she does not sign the contract, he will harm her son. B) Janet owns a pair of zircon earrings. She sells them claiming they are diamonds and receives a much higher price for them. C) Carla unknowingly sells a painting to a collector thinking it's genuine. However, the collector finds out that it actually is an imitation. D) Gary has been the McGill family attorney for decades. When he needs investors for his business, he convinces Mr. McGill to invest in the new business.