A ________ option provides payments over the life of both you and your spouse no matter how long you live

A) single life annuity
B) lump sum annuity
C) joint and survivor annuity
D) annuity for life
E) combination annuity


Answer: C

Business

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The first phase of new product development is ________

A) problem recognition B) product concept screening C) idea generation D) product concept development E) business analysis

Business

Lincoln Company engaged in this transaction: Acquired a long-term investment by issuance of long-term debt. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows

A) Investing activities section. B) Operating activities section. C) Schedule of noncash investing and financing transactions. D) Financing activities section.

Business

The largest shopping area in a city that is synonymous with the term "downtown" is the _____

a. string b. central business district c. secondary business district d. regional shopping center

Business

Warren opened a new computer store in town. When customers purchase a computer from his store, they automatically receive an extended warranty, free in-home installation, access to Warren's 24-hour technical support team, and in-store software training classes. By offering all these things, Warren is most likely trying to  

A. discourage ritual consumption. B. encourage an internal information search. C. stimulate problem recognition. D. reduce a new customer's cognitive dissonance. E. increase a new customer's cognitive dissonance.

Business