A written letter is appropriate when you want to offer ____.
A. thanks
B. congratulations
C. sympathy
D. all of the above
Answer: D
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Jill contracts to purchase Kevin's automobile under the belief that she can sell it at a profit to Linda, but after Jill has bought the car, she finds out that Linda isn't interested in buying it. Jill:
a. cannot void the contract. b. can rescind the agreement. c. could rescind the agreement if she was mistaken in her estimate of the value of the auto. d. can sue Linda for detrimental reliance.
If you borrow $100,000 at an annual rate of 8.00% for a 10-year period and repay the interest of $8,000 at the end of each year prior to maturity and the final payment of $108,000 at the end of 10 years, then you have just repaid what type of loan?
A) Amortized loan B) Interest-only loan C) Discount loan D) Compound loan
The exclusion for employee discounts on services is limited to 30% of the price charged regular customers.
Answer the following statement true (T) or false (F)
Strategic management consists of the analyses, decisions, and actions an organization undertakes in order to create and sustain competitive advantages.
Answer the following statement true (T) or false (F)