________ are infrequently purchased consumer products with unique characteristics for which buyers are willing to make a special purchase effort

A) Shopping products
B) Unsought products
C) Specialty products
D) Industrial products
E) Line extensions


C

Business

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The total interest expense over the entire life of a bond is equal to the sum of the interest payments plus the totaldiscount or minus the total premium related to the bond

a. True b. False Indicate whether the statement is true or false

Business

The sale of an exporter's accounts receivable on ordinary goods, with the balance of the payment due upon delivery or soon after is

A. time draft. B. factoring. C. consignment. D. forfaiting. E. banker's acceptance.

Business

Roma and Swain are partners in Roma & Swain Attorneys, LLP, a limited liability partnership. Roma supervises their firm's associate Taylor, who negligently fails to appear in court on behalf of Umberto, a client. Liability to Umberto rests only with? A) Roma and Taylor

B) Roma. C) Taylor. D) Roma and Swain.

Business

The withdrawals account of each partner is closed to income summary at the end of the accounting period.

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

Business