What is the difference between a contest and a sweepstakes?
What will be an ideal response?
A contest requires consumers to apply their skill or analytical or creative thinking to try to win a prize. A sweepstakes requires participants to submit some kind of entry but are purely games of chance requiring no analytical or creative effort by the consumer.
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In very simple words, advertising is really about
A. being creative. B. personal selling. C. getting consumers' attention. D. linking emotions with products. E. improving brand image.
Arnold contracted to sell Bielar an office building for $500,000 . The entire amount according to the contract was to be paid at the closing. Arnold refused to close the deal. Bielar sued Arnold. To what relief is Bielar entitled?
a. Punitive damages b. Injunction c. Specific performance d. Rescission
Which personality trait does the Big Five personality trait model and the MBTI share in common?
A. openness to experience B. intuitive C. extroversion D. sensing
The financial statements of Gregg Co. reported wages expense of $396,000 during Year 2, wages payable of $62,400 at the beginning of Year 2, and wages payable of $85,800 at the end of Year 2. What amount of cash was paid for wages during Year 2?
A. $396,000 B. $372,600 C. $333,600 D. $458,400