Sherrie is seven years old and wants to open a lemonade stand in her neighborhood. She is having a tough time deciding whether to base her pricing objectives on market share, dollar sales, or unit sales. Regardless of which she chooses, her pricing objective can be categorized as:
A. status quo
B. profit oriented
C. need oriented
D. cost oriented
E. sales oriented
Answer: E
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a. True b. False
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Susan threw away in the garbage an old chair that had been in her family for many years by placing it on the curb with the rest of the trash. Alma came by and began to admire the chair. Although the chair was heavy, Alma picked it up and called to a friend saying that she had just found an antique chair. When Susan heard this, she demanded the return of the chair. The chair belongs to:
A) Susan unless Alma can show Susan gave it to her.
B) Susan because there was no intent to make a gift.
C) Alma because anything one finds belongs to the finder.
D) Alma because Susan abandoned it and Alma took possession of it.