Ric was on leave from TynsCorp under the Family and Medical Leave Act. Now that he is ready to return to work, TynsCorp must provide him with a job, but it can be at lower pay or with fewer benefits than what he had before if that is the only position available.

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


False

Business

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The total demand for many business goods and services is not much affected by price changes. Thus, this demand is ________

A) derived B) fluctuating C) accelerated D) multiple E) inelastic

Business

Identify a criticism that is often associated with marketing

A) It makes customers buy things that they do not really want. B) It is not helpful in creating customer value. C) It fully ignores customer needs and wants. D) Marketing is often restricted to branding and communication.

Business

Answer the following: a. What is an insurable interest? At what point in a sales transaction does the buyer get an insurable interest? b. Is the buyer the only one who has an insurable interest in the goods? Is it possible for both the buyer and the seller to simultaneously hold an insurable interest? Explain

Business

Sue, Barb, and Carlotta agree to put in $1,000 each to set up a shelter for lost animals. They each work two days a week. Donations fund the day-to-day operations. Do they have a partnership?

A) Yes, since each has control of the operation B) Yes, because they are all co-equals in ownership of the shelter C) No, because they have made no formal agreement D) No, because there is no business for profit

Business