Individuals or groups that buy new or used products for a lower price in a foreign country, import them legally back into the domestic market, and sell them for less than the normal market price are participating in the ________ market.

Fill in the blank(s) with the appropriate word(s).


gray

The gray market consists of branded products sold through legal but unauthorized distribution channels.

Business

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The coupon payment for an annual-coupon corporate bond is equal to the yield to maturity multiplied by the par value of the bond

Indicate whether the statement is true or false.

Business

Alice has fallen behind on her signature loan. She recently received a notice from the lender that her wages were going to be garnished to pay off the debt

What is the loan clause that allows the lender to take this action against Alice because she was in default? A) Recovery clause B) Default clause C) Recourse clause D) Deficiency payments clause E) None of the above

Business

When predicting values using a regression line, why can’t we use values outside the range of the original x-variable?

What will be an ideal response?

Business

Raymond is considering whether to advertise on the placemats used in many local restaurants. One of the arguments in favor of this action is

A. publicity is important to a small business and should be used at every opportunity. B. you never know who might see the ad on the placemat. C. the cost of printing is shared with many other local businesses. D. every ad will generate approximately 1,000% of its cost in revenues.

Business