Principals are liable for all torts committed by their agents
a. True
b. False
Indicate whether the statement is true or false
False
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Consider a bond that has a present value of $1,500. If the annual rate of interest is 4 percent, the future value of the bond after a year is
A. $1,560.00. B. $1,540.00. C. $1,440.00. D. $1,442.31.
For the FTC to consider a practice to be unfair, it must meet a three-part test. Which of the following is NOT one of those tests?
a. The practice causes a substantial consumer injury. b. The harm of the injury outweighs any countervailing benefit. c. The consumer had no reasonable way to recoup lost funds from the injury. d. The consumer could not reasonably avoid the injury.
Investors can postpone or avoid income taxes by investing through Individual Retirement Accounts
Indicate whether the statement is true or false.
Amanda plans to go for a run after her classes are over. As she is lacing up her running shoes, she notices that one of the shoe's seams is unraveling and she thinks it is about time for a new pair. In which stage of the consumer purchase decision process is Amanda at that moment?
A. pre-purchase cognition B. information search C. problem recognition D. alternative evaluation E. purchase behavior