Objective probabilities that can be stated prior to the occurrence of an event are ________

Fill in the blank with correct word.


Answer: classical or a priori

Business

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Which of the following is true with regard to prospecting?

A) Salespersons meet and greet the buyer. B) Salespersons learn as much as possible about the organization. C) Salespersons identify qualified potential customers. D) Salespersons tell the "value story" to the buyer, showing how the company's offer solves the customer's problems. E) Salespersons ask for the order, review points of agreement, and offer to write up the order.

Business

On April 1, Year 1, Raines Co. purchased and placed a plant asset in service. The following information is available regarding the plant asset: Acquisition cost $130,000Estimated salvage value$15,000Estimated useful life 5 yearsMake the necessary adjusting journal entries at December 31, Year 1, and December 31, Year 2 to record depreciation for each year under the double-declining balance depreciation method:

What will be an ideal response?

Business

What author was credited with proposing the first concept of a relational mental model?

a. Baldwin (1992) b. Hofstede (1980) c. Bartlett (1932) d. Sanchez-Burks (2000)

Business

David owns a liquor store in a high-crime area. In order to obtain a reduced insurance premium, David promised to have a burglar alarm operating at the store when the store was closed

This agreement, which was incorporated into the insurance contract, is an example of a A) representation. B) binder. C) rider. D) warranty.

Business