According to the textbook, which is the most established crowdfunding site?

a. Kickstarter
b. Quirky
c. Indiegogo
d. Rockethub


a. Kickstarter

Business

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"The revenues from an unrented hotel room are forever lost." This statement refers to which characteristic of services?

a. intangibility b. perishability c. variability d. inseparability

Business

You have just accepted your first job out of college, which requires you to evaluate loan requests at Beach Front National Bank. The person training you at the bank, Jim Baker, uses a loan request received from Surfer Dude Supplies, a small

proprietorship. Marty Monroe, the owner, is requesting $75,000. Jim tells Marty that all they consider before making a decision on the loan request is an accurate set of financial statements. Do you think this an accurate statement on the loan request process? What other considerations or information likely are part of the decision-making process by the bank?

Business

A qualified indorsement puts limited liability on the indorser

Indicate whether the statement is true or false

Business

To be enforceable, a memorandum evidencing an oral contract that would otherwise be unenforceable must include the essential terms.

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

Business