Tenants in common are free to pass their interest in real property to their heirs.

a. true
b. false


Ans: a. true

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Important economic base data for cities can be found in the _____

a. Federal Register b. American Community Survey c. Census of Population d. Editor & Publisher Market Guide

Business

Which of the following duties would NOT be performed by a firm's marketing managers?

A. directing the implementation of plans B. controlling plans C. overseeing the firm's financial statements D. planning activities E. developing marketing mixes for target markets

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The reason why retained earnings have a cost equal to rs is because investors think they can (i.e., expect to) earn rs on investments with the same risk as the firm's common stock, and if the firm does not think that it can earn rs on the earnings that it retains, it should pay those earnings out to its investors. Thus, the cost of retained earnings is based on the opportunity cost principle.

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

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Customers for complicated installations and accessories usually expect a sales rep to

A. be able to discuss general business conditions with their top executives. B. know all the technical details of the product. C. know the details of the customer firm's particular applications of the product. D. use a well-organized sales presentation to get their business. E. All these answers are correct.

Business