Vending machine transactions are not considered part of direct marketing because _____

a. vending machines are located in offices, restaurants, and factories
b. consumers are solicited via in-person selling efforts
c. the transaction is not via mail, phone, fax, or computer
d. the average transaction is too low


c

Business

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An inflation rate exceeding 50 percent per month is referred to as

A. hyperinflation. B. deflation. C. disinflation. D. core inflation.

Business

Mabel, an 85-year-old widow who is in poor health, signs a contract with the only nursing home in Anytown (the nearest alternative facility is 75 miles away). The contract obligates Mabel to pay $4,000 per month for the rest of her life and for her

estate to pay the same amount for the period of time that the unit sits empty upon her death. Mabel's daughter believes this agreement amounts to an adhesion contract. What is an adhesion contract? What factors will a court look at in determining whether an adhesion contract exists?

Business

John is developing a new physical ability test for hiring police officers. To determine whether the test is high in quality, he is giving the new test to police officers working across the agency and having them complete ratings of their job performance at the same time. What type of validity is he trying to collect evidence for?

A. criterion validity B. predictive validity C. concurrent validity D. content validity

Business

An example of audit evidence with a medium level of reliability is

A. Scanning. B. Recalculation. C. Observation. D. All of these.

Business