The franchise contract Pamela signed with DEF Company specified she would have an exclusive sales territory. While the contract was still in force, DEF opened a corporate-owned store within her territory. DEF is guilty of:
A. master licensing.
B. encroachment.
C. due diligence.
D. churning.
Answer: B
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________ segmentation refers to dividing the market into segments according to occasions when buyers get the idea to buy, actually make their purchase, or use the purchased item
A) Gender B) Psychographic C) Occasion D) Geographic E) Income
To estimate the market value of a publicly traded bond that has a broad market with frequent trading, it is usually best to multiply the number of bonds outstanding by the bond par value
Indicate whether the statement is true or false.
Cobra Inc. sold stock for a $25,000 loss five years ago. It has been carrying over the capital loss for five years, and the loss will expire at the end of this year because Cobra has not had any capital gains. Earlier this year Cobra sold a parcel of land held four years for business use and will recognize a $30,000 gain. Cobra is thinking about selling some machinery used in its business for the past three years. During this time technology has dramatically changed so Cobra will recognize a $32,000 loss on the sale of the machinery. Cobra is trying to decide whether to sell the machinery at year-end or early next year. Cobra is profitable and has a consistent marginal tax rate of 21%. When should Cobra sell the equipment?
A. early next year B. current year C. current year, but arrange an installment sale to spread the loss recognition over the two years D. either the current year or next year
An advantage of financing with debt rather than stock is that interest expense is ____________________ for tax purposes.
Fill in the blank(s) with the appropriate word(s).