The escrow agent has discretionary authority on the escrow instructions

Indicate whether the statement is true or false


False

Business

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The sellers of ________ goods carry a wide assortment to satisfy individual tastes and must have well-trained salespeople to inform and advise customers

A) unsought B) specialty C) convenience D) heterogeneous shopping E) generic

Business

Riener Hospital has an x-ray machine with a book value of $60,000 and a remaining useful life of three years. At the end of the three years the equipment will have a zero salvage value. The market value of the equipment is currently $32,000. Riener can purchase a new machine for $145,000 and receive $28,000 in return for trading in its old machine. The new machine will reduce variable manufacturing costs by $27,000 per year over the three-year life of the new machine. The total increase or decrease in net income by replacing the current machine with the new machine (ignoring the time value of money) is:

A. $22,000 decrease B. $22,000 increase C. $18,000 decrease D. $76,000 increase E. $52,000 increase

Business

Compare and contrast “minimizing bad” and “maximizing good” impression management strategies.

What will be an ideal response?

Business

Which statement best describes the appropriateness of the following product claim in a sales letter? "Viruscan is the best virus defense product available. It offers the most sophisticated and comprehensive protection for your data."

a. The passage is appropriate, since the receiver will likely assume the comparison is with all others, even though research results are not offered. b. The passage is appropriate, since it provides vital comparative information while sparing the receiver of unnecessary and boring details. c. The passage is inappropriate, since the sender has no ethical right to compare his/her product with others. d. The passage is inappropriate unless it is followed up with facts about the comparison.

Business