A broker has a duty to inspect the listed property

Indicate whether the statement is true or false


True

Business

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U.S. GAAP requires the disclosure of the acquisition of a building by assuming a mortgage obligation

a. as both a financing activity and an operating activity. b. as both an operating activity and an investing activity. c. as both an investing activity and a financing activity. d. in a separate schedule or note, but does not appear in the statement of cash flows as an operating activity, investing activity or a financing activity. e. as both an investing activity and a exchange activity.

Business

Which of the following statements concerning the value chain isĀ false?

A. The value chain focuses on the entire production process, as well as the sale of the product and service after the sale. B. Successful firms are ones that operate within the entire value chain, thereby overseeing every aspect of the value chain for the customer. C. The goal of a value chain is to find areas where a company can either add value or reduce cost. D. If a company cannot compete in a specific area of the value chain, it might outsource that portion of the value chain to another entity which can perform it better.

Business

A new product carries a low price for a limited period of time to attract customers in what type of pricing strategy?

A. price bundling B. penetration pricing C. specialty pricing D. price skimming E. trial pricing

Business

"Piercing the corporate veil" will result in personal liability of shareholders

Indicate whether the statement is true or false

Business