In an operating lease, the lessee has acquired sufficient rights of ownership and control of the property to be considered its owner

a. True
b. False

Indicate whether the statement is true or false


False

Business

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A company decided to conduct a market survey for its new MP3 player which it had priced at $150. However, in the survey, 95 percent of the participants said that the maximum they would pay for the MP3 player is $100

This is an example of which of the following possible consumer reference prices? A) historical competitor price B) expected future price C) usual discounted price D) upper-bound price E) last price paid

Business

A post audit evaluates the overall outcome of the investment and proposes corrective action if needed

Indicate whether the statement is true or false

Business

In the United States critics of affirmative action policies believe that affirmative action is in contradiction to what US legislation?

a. The Bill of Rights b. The equity principle in the Fifth and Fourteenth amendments to the U.S. Constitution c. The EEOC Law of Equities d. The Civil Rights Act

Business

A bilateral contract is essentially an exchange of enforceable promises

Indicate whether the statement is true or false

Business