Line extension refers to extending an existing brand name to new product categories

Indicate whether the statement is true or false


FALSE

Business

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It is known that the population variance equals 529. With a .95 probability, the sample size that needs to be taken if the desired margin of error is 4 or less is

A. 508. B. 127. C. 509. D. 128.

Business

For 20 years, homeowner A and homeowner B both paid $1,500 per month on their 30-year, seven percent mortgages. Homeowner A lived in the same home and paid on the same mortgage the entire period. Homeowner B moved three times, but each time obtained a 30-year, seven percent mortgage and paid $1,500 per month. A's home and B's home both rose in value by two percent per year. After the 20 years, A

and B will have the same amount of wealth from their home investments. Indicate whether the statement is true or false

Business

While claiming under ________ liability, a plaintiff must name the partnership and all of the partners as defendants in a lawsuit.

A. individual B. joint C. conspiratorial D. cumulative

Business

What is the PV of an ordinary annuity with 10 payments of $7,700 if the appropriate interest rate is 5.5%?

A. $52,816.14 B. $61,522.10 C. $51,655.35 D. $67,326.07 E. $58,039.72

Business