Which of the following is true of direct-response advertising?
A. It does not use the Internet as a means of advertising.
B. It primarily targets professionals such as doctors, lawyers, and engineers.
C. It targets wholesalers, retailers, and other members of the supply chain.
D. It is also known as primary-demand advertising.
E. It encourages consumers to purchase straight from the manufacturer.
Answer: E
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Edward owes Frank $100, payable in six months. Frank, who is leaving the country, gives his rights to the payment to Marge for $80. Which of the following is true about the scenario?
A. Frank is the obligor. B. Edward owes Marge $80. C. Frank will get $100 from Edward. D. Edward owes Marge $100.
What additional information is needed to find the rate of return on investment if income from operations is known?
A) Invested assets B) Residual income C) Direct expenses D) Sales
It is presumed that a co-tenancy is a tenancy in common unless there is specific language indicating the intent to establish a joint tenancy
Indicate whether the statement is true or false
Case law governs all areas of business not covered by statutory or administrative law.
Answer the following statement true (T) or false (F)