Mischka owns a regional chain of jewelry stores and has been a huge fan of America since he left the former Soviet Union. He says that people have so many basic rights under capitalism, and it's even protected in the U.S. Constitution
Which specific right is Mischka referring to?
A) the right to free choice
B) the right to compete
C) the right to own property
D) the right to make and keep profits
E) the right to file lawsuits
Answer: C
Explanation: C) The right to own property is one of the four basic rights under capitalism and is stated in the Fifth Amendment to the U.S. Constitution.
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Car Max Announces Top Salesperson You are the vice president of sales for a Car Max dealership in southern Florida. Top sales people are annually recognized with Bronze, Silver, or Gold awards, depending on the level of their sales. Sales people are
recognized at an annual banquet and presented with a certificate. The top sales person for the year is Brandon Spellman. Required: Write an email message to Car Max employees congratulating all award winners and announcing Brandon Spellman as the top salesperson of the year.
Which of the following best describes the term "acceptance"?
A) It is the assent of a buyer to become the owner of specific goods. B) It is the assent of a seller to provide specific goods. C) It is taking repossession of goods by the seller once they have been sold. D)It is the acknowledgement of a fact during the course of the sale.
________ includes deciding which activities will take priority over others and deciding who will do what tasks and when.
A. Allocating B. Scheduling C. Controlling D. Budgeting
Which of the following businesses is most likely to benefit from an election to account for its inventory under LIFO?
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