In the mature and highly competitive furniture industry, you would expect furniture manufacturers to engage in:
A. a price war
B. price escalation
C. prestige pricing
D. above-market pricing
E. geographical pricing
Answer: A
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Which of the following statements regarding Individual Retirement Accounts (IRA) is incorrect?
A. Excess contributions to an IRA are subject to an excise tax. B. Contributions to a conventional IRA may be tax-deductible while contributions to a Roth IRA are never tax-deductible. C. Once a taxpayer reaches age 70½, deductible contributions cannot be made to a conventional IRA. D. Because IRA contributions are based on compensation, a non-working spouse cannot make a contribution to an IRA.
The major advantage of observation is its ability to measure attitudes in a natural setting
Indicate whether the statement is true or false
Which of the following statements is true of e-mail contracts?
A) All e-mail contracts require consideration, capacity, and lawful object. B) E-mail contracts are exempted from the requirements of the Statute of Frauds. C) All e-mail contracts are enforceable even if they don't meet the requirements of a traditional contract. D) Several e-mails cannot be integrated to determine the parties' agreement.
A donor contributed $500,000 to the city stipulating that the money be invested and that the earnings thereon be used for maintenance of the a band shell in the city's park. The $500,000 would most appropriately be recorded in a(an):
A. Private-purpose trust fund. B. Permanent fund. C. Endowment fund. D. Custodial fund.