John hired Tim to sell his house. Which statement is correct?
A) John is Tim's principal.
B) Tim, but not John, can terminate the agency relationship.
C) John, but not Tim, can terminate the agency relationship.
D) Tim is John's principal.
A
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The product positioning strategy based on a category or type of product is the positioning approach of:
A) product user B) product class C) use or application D) cultural symbol
Which of the following statements is true of a goods and services spectrum?
A. It exhibits different situations where services outweigh goods. B. It lets the marketer estimate the prices that should be associated with goods and services. C. It highlights similarities between goods and services. D. Itprovides a tool for analyzing the relationship between goods and services.
A spreadsheet can help organize the information needed to prepare a statement of cash flows.
Answer the following statement true (T) or false (F)
Which of the following is an example of agency cost?
A) costs incurred for setting up an agency B) failure of making the best investment decision C) payment of income tax D) payment of interest