Answer the following statements true (T) or false (F)

The legal form of a lease is an executory, or unperformed, contract.


ANSWER: T

Business

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The interest rate used to calculate interest expense in the effective interest method of amortization is equal to the market rate of interest at the time the bonds are issued

a. True b. False Indicate whether the statement is true or false

Business

A ________ is one of the two types of scaling techniques in which there is direct comparison of stimulus objects with one another

A) random scale B) nonrandom scale C) comparative scale D) noncomparative scale E) direct scale

Business

A hamburger stand near the local mall sells hamburgers for $3.99, drinks for $1.99, and fries for $1.49, while a gourmet restaurant nearby sells entrees for $20, $30, and $45. Both of these restaurants are using ________

A) demand-based pricing B) cost-based pricing C) psychological pricing D) prestige pricing E) penetration pricing

Business

The code order NUMBER(2) := 6; is an example of a(n) ____________________.

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

Business