Sarno has a capital balance of $42,000 after adjusting the assets to fair market value. Minton contributes $22,000 to receive a 30% interest in the new partnership. the bonus paid by Minton is $2,800

Indicate whether the statement is true or false


True

Business

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Which of the following is a sales promotion tool that is consumer franchise building in nature?

A) price-off packs B) contests and sweepstakes C) consumer refund offers D) trade allowances E) frequency awards

Business

The high involvement that is typical in consumer decision making in nonprofit marketing exchanges does NOT include the following:

a. the decision is seen as of high personal importance b. a sense of self-efficacy is needed c. the decision has been taken many times before d. the personal or social risks of a "wrong" decision are perceived as high e. Outside peer pressure is high

Business

In the context of human compromises in decision making, which of the following statements is true of bounded rationality?

A. It occurs when a decision maker relies on his or her intuition and gut instincts while analyzing alternatives instead of collecting impartial data. B. It occurs when a decision maker assumes that everyone around sees things the way he or she does. C. It occurs when a decision maker tends to select an alternative that he or she has tried before and that has delivered acceptable results. D. It occurs when a decision maker settles for an alternative that he or she considers good enough because other limitations make finding the best alternative impossible.

Business

The concept of "defect" is expanding

Indicate whether the statement is true or false

Business