Which of the following is an example of cash?
a. Commercial paper
b. Certificates of deposit
c. Travelers checks
d. Treasury bills
c
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Repeating the same ad does not always work, which has led advertisers to take advantage of the principle of variability theory. That means brand and ad recall are increased because the ad:
A) has several identifiable selling points B) is seen by consumers in different environments C) uses the same tagline in every venue D) uses a typical person spokesperson
A firm sells its headquarters building at a gain. This means that at the time of sale
a. the cash or other assets received were greater than the building's book value. b. the cash or assets received in a transaction were less than the carrying value of the assets given up. c. the cash or other assets received were greater than the building' carrying value. d. the cash or assets received in a transaction were less than the building's book value. e. Both choices a and c are correct.
A buyer and seller have been doing business for months without a formal contract. Every Monday, the seller delivers supplies to the buyer's business. Every Thursday, the buyer pays the invoice by mail. Difficult times arrive. The buyer fails to make payment and the seller sues for breach of contract. Is there a contract?
a. in jurisdictions where the offer-acceptance rule is rigidly applied there is a contract under both the UCC and the common law of contracts b. in jurisdictions where the offer-acceptance rule is rigidly applied there is no contract under either the UCC or the common law of contracts c. under the UCC, there is no contract because the conduct involves delivery of supplies is a service d. under the UCC, a contract has been formed by the conduct of the parties. The seller will prevail e. none of the other choices
A major disadvantage of closed-ended questions is that useful information that does not quite fit the defined answers may be overlooked as the respondent tries to make a choice instead of providing his or her best answer
Indicate whether the statement is true or false