Popular national brands are placed next to a manufacturer's brands in a store and look like them. This kind of brand is called a(n)
A. licensed brand.
B. premium brand.
C. copycat brand.
D. generic brand.
E. exclusive brand.
Answer: C
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Paul and Roger are partners who share income in the ratio of 3:2 . Their capital balances are $90,000 and $130,000, respectively. Income Summary has a credit balance of $50,000 after the second closing entry. What is Paul's capital balance after closing Income Summary to the capital accounts?
a. $108,000 b. $120,000 c. $115,000 d. $180,000
The payback period measures the time required for a project's cash inflows to equal the original investment
Indicate whether the statement is true or false
During which of the following phase gates would the question of "Are time, costs, and scope performances within acceptable limits?" be answered?
A. Proposal B. Screening and selection C. Implementation plan D. Progress evaluation E. Closure
A(n) ______ is one whose identity is known by the third party at the time a contract is entered into with an agent
a. undisclosed principal b. disclosed principal c. specific principal d. legitimate principal e. clear principal