A loan a bank makes to a person buying real estate is called a(n)

A. promissory note.
B. mortgage.
C. equity loan.
D. investment loan.


Answer: B

Business

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Executive, Inc has a weekly payroll of $10,000 for a 5-day workweek, Monday through Friday. If December 31, the last day of the accounting year, falls on Thursday, Executive would make an adjusting entry that would

a. increase Wages Expense $8,000. b. decrease Wages Payable $2,000. c. decrease Cash $8,000. d. increase Wages Payable $2,000.

Business

Which of the following is NOT mentioned as a disadvantage of social media for conducting surveys?

A) surveys do not address the responses from nonusers of social media B) survey administration is difficult to control. C) inability to field more complex questions D) response rates may be low E) confidentiality is an issue

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The ______ of _______ is the dollar value of the interest earned or dividend received from a security, divided by the market value of the security.

Fill in the blank(s) with the appropriate word(s).

Business

What can be said of the level of competition when selecting a target market?

A. The more competitors there are within a segment, the less of a chance there is for price wars. B. The more competitors there are within a segment, the less a company will have to spend to reach out to consumers. C. The more intense the competition within a segment, the more attractive it is to marketers. D. A market segment is less attractive to marketers if there are only a few competitors for that segment. E. The more competitors there are, the more a firm will have to invest in promotion to increase market share.

Business