Which of the following is not a "bailment"?

A) Leaving your car at an auto dealer for repair
B) Loaning your car to your neighbor
C) Eating at a restaurant
D) Shipping goods on a truck


C

Business

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Restraints of trade are laws that regulate economic competition.

Answer the following statement true (T) or false (F)

Business

To overcome problems in focus group interviewing, some companies employ small groups of consumers who interact directly and informally with product designers without a focus group moderator present. Such groups are known as ________

A) classes B) consumer guilds C) virtual communities D) immersion groups E) primary groups

Business

The unadjusted trial balance and the adjustment data for Porter Business Institute are shown below along with adjusting entry information. What is the impact of the adjusting entries on the balance sheet? Show the calculation for total assets, total liabilities, and equity without the adjustments; show the calculation for total assets, total liabilities, and equity with the adjustments. Which one provides the most accurate presentation of the balance sheet?  Porter Business Institute  Unadjusted Trial Balance  December 31  (in millions)?Cash…………………………………………………. ?$58,000??Accounts receivable…………..………………59,000??Prepaid insurance …………………………...12,000??Equipment

…………………………………….8,000??Accumulated depreciation-equipment ……….. ??$ 2,000Buildings……………………………………………..57,500??Accumulated depreciation-buildings…………..??17,500Land………………………………….55,000??Unearned rent…………………………………..??16,000Long-term notes payable……………………….??50,000Common stock……………………….??50,000Retained earnings ……………………………….??65,600Tuition fees earned ……………………….??74,000Training fees earned ………………………….??23,400Wages expense ……………………………………...32,000??Utilities expense …………………………….8,000??Property taxes expense …………………………5,000??Interest expense …………………………………….4,000?________Totals ………………………………………..$ 298,500?$298,500Additional information items:a. The Prepaid Insurance account consists of a payment for a 1 year policy. An analysis of the insurance invoice indicates that one half of the policy has expired by the end of the December 31 year-end.b. A cash payment for space sublet for 8 months was received on July 1 and was credited to Unearned Rent.c. Accrued interest expense on the note payable of $1,000 has been incurred but not paid. What will be an ideal response?

Business

Subway Restaurant's "Five-dollar foot-long" catchy song, or ________, has been an integral part of one of the most effective promotional campaigns ever developed in the fast-food industry.

A. animatic B. layout C. jingle D. script E. storyboard

Business