Jessie owns a single-family home. With respect to this structure, most likely to meet the definition of a fixture is
a. the furniture in the bedrooms, dining room, and great room.
b. the SUV parked in front of the house.
c. the RV parked on a concrete pad next to the driveway.
d. the plumbing in the kitchen and bathrooms.
d
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Answer the following statements true (T) or false (F)
1. Microfinance is the process in which small loans are given to entrepreneurial individuals in developing countries in order to develop income which will benefit the individual as well as the local village through poverty reduction. 2. One of the unique aspects of microfinance loans is that only a small amount of collateral is needed and the loans are usually repaid between two to five years. 3. The payback rate for microfinance loans is between 60 and 65%. 4. The underlying foundation to the concept of Fair Trade is that a free market based trade system does not always produce sustainable livelihood for the farmers and other members of the global food chain. 5. Human rights such as civil rights, property rights, and labor rights do not have a direct impact on the strategic focus of a firm.
Which of the following is true of laggards?
a. They are more likely to get their information from scientific sources and experts. b. They act as an important link in the process of diffusing ideas. c. They are eager to try new products and ideas, almost as an obsession. d. They have the longest adoption time and the lowest socioeconomic status.
Angela, who is in charge of hiring new designers, prefers to give interviews that are freewheeling exchanges that may shift from subject to subject, depending on the person she is interviewing. This type of interview is a(n):
a. stress interview. b. unstructured interview. c. virtual interview. d. structured interview.
Wallace Repair Corporation incurred $1,500 as a labor expense and promised to pay the labor agency within 30 days. Which of the following will decrease as a result of this transaction?
A) Assets B) Stockholders' equity C) Liabilities D) Revenues