Shopping goods are high-priced goods that:
A. are produced for specific seasons or events.
B. require no comparison with any product because customers just buy the name on the item.
C. require capable salespeople with selling ability because customers spend much time talking to sales personnel about them.
D. are purchased often and are available in many stores.
Answer: C
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Turnover is calculated as follows:
A) operating income/average operating assets B) average operating assets/operating income C) (beginning operating assets + ending operating assets)/2 D) sales/average operating assets E) operating income/sales
Britney loses her Campus Bank access card. She realizes her loss the next day but waits a week to call the bank. Meanwhile, Drake finds and uses Britney's card to withdraw $3,000 from Britney'saccount.? Refer to Fact Pattern 24-1. When Britney receives her Campus Bank statement, she demands that the bank investigate the matter and recredit his account. The bank A) has no duty to investigate
B) must investigate and, if the dispute is not resolved within ten days, recredit Britney'saccount (at least until the dispute is resolved). C) must investigate and immediately recredit Britney'saccount (at least until the dispute is resolved). D) must investigate but need not recredit Britney'saccount.
Since the 1920s the primary method of local land control has been:
a. easements b. eminent domain c. zoning d. taxation e. tort suits
Anaked call option writer 1. profits if stock prices rise 2. profits if stock prices fall 3. owns the underlying stock 4. does not own the underlying stock
A. 1 and 3 B. 1 and 4 C. 2 and 3 D. 2 and 4