The majority of people never live in rental housing
Indicate whether this statement is true or false.
Answer: FALSE
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With regard to rejection of an offer, which of the following statements is correct?
A. An offer is not terminated when it is rejected by the offeree. B. A counteroffer constitutes an express rejection of an offer. C. The offeree's statement that he will not accept the offer is an implied rejection of the offer. D. A rejection must be actually received by the offeree to be effective.
In determining the dollar amount to use for operating assets in the return on investment (ROI) calculation, companies will generally use either net book value or gross cost of the assets. Which of the following is not an argument for the use of net book value rather than gross cost?
A. It eliminates the depreciation method as a factor in ROI calculations. B. It will result in a decrease of ROI each year. C. It is consistent with how assets are reported on the balance sheet. D. It encourages the replacement of old, worn-out equipment.
The government can limit entry to an industry or market through strict regulation, licensing requirements, and by limiting access to raw materials via laws or high taxes and to certain locations by means of zoning restrictions.
Answer the following statement true (T) or false (F)
Cash equivalents include money market accounts, commercial paper, and U.S. Treasury bills
Indicate whether the statement is true or false